Litecoin started in 2011, when it was created by Charles Lee, while he was still an employee at Google. Litecoin was, for a while, the second-largest cryptocurrency, gaining a reputation as the silver in Bitcoin's gold. In recent years, it has been overshadowed by the eclipse of newer digital currencies, even though the primary goal of Litecoin was to provide an alternative to fiat currency for payment operations.$LTC
Although Litecoin is technically similar to Bitcoin, it offers faster transaction times and lower fees, which means it is more suitable for small transactions. #StartInvestingInCrypto #solana #Binance #Web3
However, Litecoin's hack was a far cry from its competitor Bitcoin. Will 2024 be the year this situation changes?
Graphically, you can see the evolution of the price of Litecoin (against the US dollar) in the past six months.