Litecoin is another p2p digital currency, and it is considered to be the silver to bitcoin’s gold. One of litecoin’s major draws is that it is almost instantly available upon purchase (in other words, its verification process only takes 2.5 minutes), making transactions extremely fast. Add that to the facts that a) it is completely decentralized–it has no central authorities governing it–b) it’s trade volume is quite high, and c) its liquidity is pretty substantial, and you have a very popular coin.
In November 2017, one LTC was priced at about $100.00 USD. As of January 2, 2018, one LTC is priced at about $251.00 USD .