itecoin was developed by Charles Lee, a former Google employee, and started flooring in the cryptocurrency market since 2011. Compared to Bitcoin, Litecoin has a faster transfer time and is the first digital currency to use a scrypt security system .
Beginning in 2018, Litecoin's market capitalization managed to touch USD 14 billion (IDR 182 trillion), while in May it was USD 6 billion. Meanwhile, 1 LTC is currently worth around USD 107.