$LTC is the ticker symbol for Litecoin, a peer-to-peer cryptocurrency that was created by Charlie Lee in 2011. It is often referred to as the "silver to Bitcoin's gold," with many similarities to Bitcoin but with a few key differences, such as a faster block generation time and a different hashing algorithm instead of Bitcoin's SHA-256
Litecoin is designed to offer faster transaction times and lower fees compared to Bitcoin, making it a popular choice for everyday transactions. It is considered one of the earliest altcoins and remains one of the most well-known and widely used cryptocurrencies.
