Who made LTC?

Litecoin (LTC) is an alternative cryptocurrency created in October 2011 by Charles “Charlie” Lee , a former Google engineer. Litecoin was adapted from Bitcoin’s open-source code but with several modifications.

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Why is LTC dropping?

Similar to other cryptocurrencies, one of the big reasons for such a fall is the overall weakness of Bitcoin . In general, similar and close currencies have tight correlations. It could have been seen that due to the fast growth of the LTC, the coin would have declines.

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