Litecoin is a cryptocurrency that is similar to Bitcoin. It is based on the same codebase, but it is faster. It has four times the transaction throughput of Bitcoin. It was not designed to replace Bitcoin, but to improve on the current technology. Despite being a less popular cryptocurrency than Bitcoin, Litecoin is still a great choice for cryptocurrency investors.
Litecoin is similar to Bitcoin in many ways, but the difference between the two is in the amount of supply. Because there are fewer coins in circulation, Litecoin's price will decrease over time. This is beneficial for those who are worried about inflation. Unlike fiat currencies, which are devalued through inflation, Litecoin will keep its value in the long run by reducing the supply of the currency.