LiteCoin - LTC

LiteCoin is aimed to be a true alternative to the BitCoin. Litecoin was initially released via Github in 2011, which makes it one of the oldest ALT Coins available in Crypto Markets.

Litecoin and Bitcoin are almost similar and they both have very slight differences:

1. Proof of Work(PoW) Algorithm is different for these. In BTC, SHA 256 Algorithm is used, whereas in Litecoin, a memory-hard function named  "Scrypt" is used as validation for Proof of Work.
2. Litecoin transactions are processed much faster than Bitcoin. It takes around 2 minutes & 30 seconds for generating a new block for Litecoin. In the case of BTC, the average time required to add a new block into the Blockchain is around 10 Minutes.

LiteCoin Logo

Ticker Symbol for Lite Coin is LTC in Crypto Trading Markets.

LTC enjoyed its all time peak price during the period December-2017 to January-2018. Looking at the current trend, in the coming months it might reach a new all time high (not an advice, just an estimated forecast).

Here is a Live Chart of Trading rates for Buying and Selling LTC:

LTC-USD Rates by TradingView

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Tron - TRX

Tron is a Cryptocurrency whose main goal is to provide a decentralized Operating System that is Open Source and runs on top of a Blockchain.

Tron was founded by Justin Sun. He also acquired the Bittorrent company.

Tron Logo

Ticker Symbol for Tron is "TRX " in Crypto Market Trading Platforms.

• Tron is the most popular blockchain for building Dapps (Decentralized Apps)

• Upon Tron's blockchain, there are many other ALT Coins and Tokens running on top of it. Bittorrent Token is a famous example of it.

• TRX witnessed its all time high Price in January - 2018

• Tron focuses primarily on the domain of Content Sharing & Entertainment.

Decentralized Streaming Services like DLive and other Dapp Stores / Music sites make use of Tron's Blockchain.

Here is a Live Chart of Trading rates for Buying and Selling TRX:

TRX-USD Rates by TradingView

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Tether - USDT

Tether is extensively used in Crypto markets as an alternative for US Dollar. All the Trading Platforms would facilitate the exchange market with Tether Pairing along with Bitcoin Pairings.

Tether is originally designed to be always equal to 1$ (USD). Therefore, Tether is obviously a Stable Coin.

Ticker Symbol in Market for Tether is "USDT" (stands for US Dollar Tether).

It successfully managed its price balanced on par with 1USD always (with insignificant and negligible fluctuations in price).

Tether was developed by Tether Limited Company and it had faced many legal issues by US Government due to various reasons.

You can see the Live Chart for Tether maintaining a constant value fixed to the price of USD:

USDT-USD Rates by TradingView

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Ripple - XRP

Ripple is another old and well known prevailing ALT Coin. It is intended for designing a settlement system with the help of a Blockchain.

Ripple uses Distributed and Open source networks just like all other Cryptocurrencies. However Ripple is different from the norm in its protocol. Ripple is a Payment Protocol.

Ticker Symbol in Trading Market for Ripple is XRP

Though Ripple entered into the market in 2013, its price had been maintained at rock bottom for more than 4 years until it saw an all time peak of 1XRP=3$+ in January - 2018

This is the Live Chart for Trading Pair of XRP and USD in Crypto Market:

XRP-USD Rates by TradingView

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