Litecoin ltc

Litecoin is the first altcoin ever. It was created with a goal to address the constraints of Bitcoin and compete with it at the same time. It is a lighter version of Bitcoin with a faster transaction rate and block generation time. Litecoin network confirms a transaction every 2.5 minutes compared to 10 minutes taken by the bitcoin network. Litecoin has a fixed supply of 84 million LTC, and it is generated by the process of mining

Charlie Lee: Lee launched Litecoin (LTC) in 2011 (two years after Bitcoin) while working as a software engineer at Google. He is a successful entrepreneur in the crypto industry

The reasons to invest in Litecoin: - Litecoin offers several tradeoffs for users compared to Bitcoin, including faster processing speeds and lower transaction costs. - The Crypto Research Report, a top research group, expects Litecoin to hit $1,216 in 2025, then reach $2,300 by 2033 - The limited supply makes the currency very deflationary. Therefore, it is one of the prime reasons for the frequent rise in prices