#LTC📈
LTC or Litecoin is a cryptocurrency that was created in 2011 by Charlie Lee. It is considered one of the oldest digital currencies after Bitcoin. Litecoin was designed to be the 'silver' compared to Bitcoin's 'gold', and it is characterized by fast transaction processing and low transfer fees. It uses the Scrypt algorithm instead of SHA-256, making mining easier on less powerful devices. The maximum supply of Litecoin is 84 million coins, which is four times the maximum supply of Bitcoin. LTC is used for fast and secure transfers between individuals without the need for an intermediary, and it is supported by many digital exchanges. It is a popular choice for investors and traders due to its relative stability and its speed in processing blocks, which takes about 2.5 minutes, compared to 10 minutes for Bitcoin.