$LTC Litecoin (LTC) is a cryptocurrency created in 2011 as a "lite" version of Bitcoin. 1 It shares many similarities with Bitcoin, including its underlying technology and a capped supply. 2 However, Litecoin aimed to improve upon Bitcoin with faster block times, allowing for quicker transaction confirmations. 1 It also uses a different hashing algorithm. 3 While it once held a prominent position as a top cryptocurrency, Litecoin's adoption has been overshadowed by other projects. It is still traded on many exchanges and retains a dedicated community, often viewed as a testnet for Bitcoin upgrades. 4