CryptoHistoryBook
Not financial advice. This is history and education only. We make no buy or sell recommendations and no price predictions.
Litecoin logo LTC

Litecoin: history, founders and key events

From Oct 13, 2011 to today, every major rally, crash and upgrade, each with a dated, sourced price.

Open the interactive timeline
7dated events
7years covered
3710daily closes charted
10source links

Latest close in our data: $60.26 (Coinbase Exchange LTC/USD daily close, 2026-10-14).

LaunchedOct 13, 2011
ConsensusProof of work (Scrypt)
SupplyCapped at 84 million LTC

Origin story

Litecoin was created by Charlie Lee, then a Google engineer, and launched on October 13, 2011. It is a modified copy of Bitcoin with four times faster blocks (2.5 minutes), the Scrypt mining algorithm and a cap of 84 million coins.

Lee later joined Coinbase as director of engineering, and in 2017 sold his LTC to avoid conflicts of interest. Litecoin often tests features before Bitcoin, such as SegWit.

Founders: Charlie Lee.

Litecoin price, USD
launchrallycrashupgradelegalforkoutagemilestone

Source: Coinbase Exchange LTC/USD daily closes 2016-08-17 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.

Browse by year

2011201620172019202120222026

Key events

  1. Oct 13, 2011launch
    Litecoin launches
    Charlie Lee releases Litecoin.
  2. Aug 17, 2016milestone
    First daily close in our data $3.62 (Coinbase Exchange LTC/USD daily close, 2016-08-17)
    Our sourced LTC price history begins on this day.
  3. May 10, 2017upgrade
    Litecoin activates SegWit $32.82 (Coinbase Exchange LTC/USD daily close, 2017-05-10)
    Litecoin adopts SegWit before Bitcoin.
  4. Aug 5, 2019milestone
    Second Litecoin halving $96.39 (Coinbase Exchange LTC/USD daily close, 2019-08-05)
    The block reward falls from 25 to 12.5 LTC.
  5. May 9, 2021rally
    Highest close in our data $388.30 (Coinbase Exchange LTC/USD daily close, 2021-05-09)
    The highest daily close for LTC in our price history.
  6. May 19, 2022upgrade
    MWEB privacy upgrade $72.02 (Coinbase Exchange LTC/USD daily close, 2022-05-19)
    Optional confidential transactions arrive.
  7. Jun 25, 2026crash
    Lowest close after the peak $40.85 (Coinbase Exchange LTC/USD daily close, 2026-06-25)
    The lowest LTC close in our data after its highest close.

Updated

Sources

Facts written in our own words. Last checked Oct 14, 2026.