LITECOIN (LTC) back to 400!

Litecoin (LTC) is a peer-to-peer cryptocurrency created by Charlie Lee, a former Google engineer, in 2011. It was designed to be the "silver" to Bitcoin's "gold" and is often considered one of the first altcoins. Here are some key points about Litecoin:

1. Technology : Litecoin uses the Scry PT proof-of-work algorithm, which allows for faster transaction times and lower transaction fees compared to Bitcoin, which uses the SHA-256 algorithm.

2. Block Time : Litecoin's block time is approximately 2.5 minutes, much faster than Bitcoin's 10-minute block time. This enables quicker transaction confirmation.

3. Supply : The total supply of Litecoin is capped at 84 million coins, which is four times the supply of Bitcoin's 21 million.

4. Mining : Due to its Scrypt algorithm, Litecoin mining is more accessible to a wider range of people and hardware compared to Bitcoin, which requires specialized ASIC miners.

5. Use Case : Litecoin is often used for smaller transactions and as a testing ground for new features that might later be implemented in Bitcoin. For instance, Litecoin was one of the first major cryptocurrencies to implement Segregated Witness (SegWit) and the Lightning Network.

6. Development and Community : Litecoin has an active development community and a dedicated foundation that oversees its growth and adoption.

Litecoin trading at 69$ mark todate and as my opinion LTC done the accumulate phase and now slowly toward to the next ATH above 400$. But next support zone mark as 22$ and we could see more liqudty grabs between 22$ - CMP. Buy at CMP and DCA this gem to part be in the next bull run and enjoy the show.