$LTC
LTC is short for Litecoin, a cryptocurrency launched in 2011 by Charlie Lee, a former software engineer at Google. Litecoin is considered one of the oldest and most popular digital currencies after Bitcoin.
Features of Litecoin (LTC):
1. Speed: Litecoin transactions are faster than Bitcoin. Transactions are confirmed in about 2.5 minutes compared to 10 minutes for Bitcoin.
2. Limited Supply: Like Bitcoin, Litecoin has a fixed cap on the number of coins that will be mined (84 million coins).
3. Mining: Litecoin uses the Scrypt algorithm in the mining process, which is different from the SHA-256 algorithm used by Bitcoin.
4. Applications: Litecoin is used as an alternative currency to Bitcoin on many platforms and online stores.
Litecoin is a popular choice for investors.