$LTC Litecoin (LTC) has been a key player in the cryptocurrency space since its launch in 2011. Created by former Google engineer Charlie Lee, LTC was designed as a “lighter” version of Bitcoin, offering faster transactions and lower fees. But just how powerful is Litecoin in the current crypto market?

1. Speed and Efficiency

One of Litecoin’s greatest strengths is its transaction speed. While Bitcoin takes about 10 minutes to confirm a block, Litecoin only takes 2.5 minutes. This makes LTC an excellent option for everyday transactions and fast payments.