Bitcoin is obviously still the more popular cryptocurrency, and the one whose name is essentially used interchangeably with the term crypto itself. However, Litecoin does have a number of advantages over Bitcoin.
The most obvious one is the fact that Litecoin’s price is significantly lower than Bitcoin. That means you can buy Litecoin with a lot less money, so there’s much less of an entrance barrier.
And since its purchase price is multitudes lower, if you already own Litecoin, its inevitable volatility will be less painful should the currency’s value go down, resulting in only a few dollars lost rather than thousands with Bitcoin.
In addition, LTC generally has cheaper transaction fees, and is quicker in that it can handle more transactions per second than BTC. Litecoin also has a larger supply of tokens, which means its network is considered more liquid than Bitcoin’s.