$LTC

Litecoin (LTC) is a cryptocurrency created in 2011 by Charlie Lee as a faster and lighter alternative to Bitcoin. It uses a different mining algorithm called Scrypt, allowing for faster transactions at lower costs. Litecoin has a maximum supply of 84 million coins, four times that of Bitcoin. It is used for payments and digital transfers due to its speed and security. Over the years, it has been adopted by multiple merchants and platforms, establishing itself as one of the oldest and most reliable cryptocurrencies in the market. Its network is decentralized and open-source.