Litecoin $LTC is a peer-to-peer cryptocurrency created as a faster, more efficient alternative to Bitcoin for everyday payments. It offers quicker transaction times of 2.5 minutes and has a maximum supply capped at 84 million coins. Following its recent halving, the network's hash rate hit an all-time high, indicating strong security and miner interest. LTC is widely used for payments and holds a significant position in the crypto market with a multi-billion dollar market cap.

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