Litecoin

The price of Litecoin (LTC) is $71.32 today, as of Jul 27 12:01 a.m., with a 24-hour trading volume of $257.10M. Over the last 24 hours, the price has increased by 3.63%. Litecoin currently has a circulating supply of 74.79M and a market cap of $5.33B.

LTC is the native cryptocurrency of Litecoin, an open-source blockchain project whose code is copied from Bitcoin’s. Touted as the “silver to bitcoin’s gold,” Litecoin was developed to have much faster transaction speeds than Bitcoin, as well as to be more scalable.

The blockchain was created by Charlie Lee, a software engineer who had worked at Google and crypto exchange Coinbase, and it was launched on the bitcointalk forum in October 2011.