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Litecoin copied Bitcoin's code and rescaled four parameters by an identical factor of four, then its creator divested his entire holding, citing his own influence over the price.
Charlie Lee launched Litecoin on October 13, 2011 as a Bitcoin-codebase fork with Scrypt PoW, 2.5-minute blocks, and 84 M cap. He framed it as 'silver to Bitcoin's gold'.
Markus and Palmer launched Dogecoin on December 6, 2013 as a Litecoin fork around the 'Doge' Shiba Inu meme. Initially a satire of crypto speculation, it grew into a top-10 cryptocurrency.