Author Coin Idol. This time around, Gambardello believes Litecoin “Litecoin consolidates at around $70 before [a] massive run to $1,000+” in the long-term. Let’s take a look at the brightest future predictions. Another pullback caused Litecoin to reach $35 in late 2019, but after a higher low, Litecoin future price is only expected to increase from here. This speeds up transaction times and its lightweight design is where the name “Lite Coin” came from. The coin may be pushed down by the overall market situation. Crypto Research Report Group. Litecoin has gotten the media attention, and as a result, lots of investors want to invest in it. Now, let’s look at the details. We, at Changelly, respect one of the first cryptocurrencies no matter the rate. Still, it looks like the recent drops of the price made the currency a perfect asset to invest in and gain profit from in the following year. Despite its established position in the industry, the coin was affected by the overall descending dynamic of the market. Litecoin has been struggling to reclaim its previous all-time high, and according to analysis lower prices could be met before some of the biggest price predictions are ever reached. Litecoin has garnered the attention from the likes of many sports leagues, and is the official cryptocurrency sponsor of the UFC, the MMA brand also known as Ultimate Fighting Championship. Wences Casares, CEO and founder of Xapo, is also a firm believer of bitcoin who got involved in it in 2011. 3. Crypto Research Report Group According to the Crypto Research Report Group, Litecoin is headed to the following points in the future: $83 in 2020, $1,200 in 2025, and $2,250 in 2030. Read our Litecoin price prediction for 2020 to 2025 and decide whether LTC is worth investing in or not. PrimeXBT offers Litecoin alongside other popular cryptocurrencies Bitcoin, Ethereum, Ripple, and EOS, as well as traditional assets such as the most popular forex currencies, commodities, stock indices, and spot contracts for gold and silver. The foreign exchange market and derivatives such as CFDs (Contracts for Difference), Non-Deliverable Bitcoin Settled Products and Short-Term Bitcoin Settled Contracts involve a high degree of risk. These factors constitute the fundamental analysis of the coin. PRIMEXBT DOES NOT ACCEPT ANY USERS OR RESIDENTS FROM UNITED STATES OF AMERICA, JAPAN, SAINT VINCENT AND THE GRENADINES, CANADA, ALGERIA, ECUADOR, IRAN, SYRIA, NORTH KOREA OR SUDAN, UNITED STATES MINOR OUTLYING ISLANDS, AMERICAN SAMOA, RUSSIAN FEDERATION AND THE COUNTRIES OR TERRITORIES WHERE ITS ACTIVITY SHALL BE ESPECIALLY LICENSED, ACCREDITED OR REGULATED BY OTHER WAYS. Like Bitcoin, Litecoin is a cryptocurrency with enormous long-term projected growth. To turn 100 USD into One Million Dollars you need 10,000x gain or for every dollar you put in it needs to reward you win 10,000 dollars! The coin was designed as a more fast and scalable alternative to Bitcoin. Zakaria M, one of the eminent Steemit blogger claims that a single Dogecoin would be worth $1 in 5 years time frame.He/she further added that with all other fiat currencies moving in and out of Doge, $1 or even $10 a Doge is reasonable in five years.” #2 Crypto Ground. This helpful Litecoin Price Prediction guide will help investors understand if LTC will rise like Bitcoin and reach prices of $1,000 or more in 2020 and what it will reach beyond 2025. Share. However, Litecoin’s halving – a pre-programmed reduction in the block reward LTC miners receive – caused the LTC price to skyrocket, reaching over 600% returns before it began to correct. The technical analysis applies to any asset with a history of price changes, including cryptocurrencies, fiat money, commodities, and stocks. Traders can take advantage of similar tools provided by trading platforms like PrimeXBT, and open positions with up to 100x leverage on either the LTC/USD pair, or the LTC/BTC pair. What will Bitcoin be Worth in 5-10 Years Time. Litecoin also has strong support in the development community, and is often used as a testbed for other digital currency projects, due to how much developer activity the crypto asset has, and due to how simple it is to work with. Litecoin was among the top 3 performing crypto asset of last year in 2019, even beating out Bitcoin itself. VeChain Price Prediction: Will VET Price Rise Again? As a result, this undermines the confidence of miners in the fundamental prospects of LTC. In 2017 Litecoin reached its all-time high of $360.66 before falling back down to roughly $20 before bouncing back higher ahead of the halving in 2019. We do not provide any investment advice. We’ll use the fundamental analysis to determine the long-term prospects of the LTC coin. According to the TradingView user TopTradingSignals, it’s time to sell Litecoin by the end of 2020. In Litecoin, he is one of the key figures of the development team. It started its price at around $3 per LTC, and has gone through a number of bubble cycles or “alt seasons” that have helped drive up the price significantly before a small correction occurs. According to the bitcoin price prediction for 2024, the BTC price might gain the mark of $47,132 per coin. Previous. However, Lee cited the move was done to alleviate a potential conflict of interest. Regardless of this, the Bitcoin (BTC) giants have a positive stance for the future of the BTC. This is understandable since the price of a coin depends not only on existing factors but also on those that appear in market development. We’ve accumulated all the AI services’ forecasts like Wallet Investor, Digital Coin Price, and more in the tables below so you can see the possible figures in the next five years. Litecoin is the first crypto asset to do so successfully, and it has cemented Litecoin’s place in the crypto market and as a financial asset with long-term growth potential. Litecoin’s supply is hard-capped at 84,000,000 LTC, with 63,240,704 LTC in circulation. This would put the asset’s cap closer to silver and make it a more likely digital counterpart. Litecoin cannot boast of an equally large development team and does not so often please the fans with updates than other coins. $50 ✅Now litecoin $60… https://t.co/j2MDrtV6Fv. Gambardello predicted this at a time when Litecoin was worth $4. The Litecoin network invites users who want fast, quick solutions involving cryptocurrency and the blockchain technology, and since they are popular right now, they won’t want to miss out on the revolution. YOU SHALL CHECK YOUR APPLICABLE LAW AND BE FULLY RESPONSIBLE FOR ANY NEGATIVE IMPACT ARISEN FROM YOUR RESIDENCE COUNTRY REGULATIONS. There are many experts and influencers who are inspired by Litecoin cryptocurrency. Some of the differences between Litecoin and Bitcoin are: Litecoin used to be mentioned as a silver cryptocurrency regarding the golden status of Bitcoin. Andreas Kaplan . Recently we’ve launched a trading platform named Changelly PRO, which can help you to trade Litecoin cryptocurrency in any possible pair. Litecoin crypto coin has been active for over nine years now and has managed to be successful for most of this period. Litecoin has also consistently stayed in the crypto market top ten by market cap, a feat that not many other altcoins can claim. Its market capitalization could grow to $1.75 trillion which would make each bitcoin worth $100,000. The first price peak in the LTC price history happened in November 2013, when its value almost doubled within one day and ultimately reached 50 USD per coin on November 28. Litecoin is a cryptocurrency designed by former Google and engineer for a crypto exchange, Charlie “Satoshi Lite” Lee. Vinny Lingham Price Forecast of Bitcoin Let’s analyze the whole Litecoin cryptocurrency price performance. If BTC price change dramatically, the whole altcoin market will go up too. It was quite predictable that the price would go down by almost 50% after the halving. Moreover, they can not constitute a commitment or guarantee on the part of PrimeXBT. During a Consensus Conference in New York in 2017, he estimated bitcoin to reach $ 1,000,000 in five to ten years times which means no sooner than 2022 … This website products and services are provided by PrimeXBT Trading Services LLC. of 2020 Litecoin will be suck within a range of $35 to $60 and one side will need to break to get to future targets. The main difference is a decreased block generation time of just 2.5 minutes, compared to Bitcoin’s ten minutes. Litecoin eventually bottomed at around $20 per LTC in December 2018. Technical analysis is more popular for the short term analysis. He explained that he wanted to get away from conflicts of interest and accusations of manipulating the cryptocurrency value for his benefit. Now the expert is talking about a rise in prices. Bitcoin was the first-ever cryptocurrency, Litecoin is a strong performing investment, Market Research Report: BTC Undecided, DeFi Sends Altcoin Surging, Stocks Closed Lower Despite Biden’s StimulusÂ, PrimeXBT Partners With Coinify To Make Buying Bitcoin Even Easier, Market Research Report: Crypto Market Breaks $1 Trillion to Outshine Stocks as Year’s Top Gainers Despite 20% Slump To Start The Week. We’ve all known Litecoin and its team for a long time, so investing in this cryptocurrency is quite safe. Tags: how much will litecoin be worth in 2020, how much will litecoin be worth in 1 year, what could litecoin be worth in 10 years, litecoin forecast 2020, litecoin predictions, litecoin forecast 2018, litecoin 2018 price, litecoin price prediction 2025. At the start of 2020, the cryptocurrency began to lead the market once again, causing many began to wonder “why is Litecoin going up” when the rest of the market is stagnant. In 2017, Litecoin became the first cryptocurrency to implement SegWit to solve the scalability problem. According to recent LTC news, Litecoin has been regularly used as a testbed for upcoming second-layer applications that will eventually be applied to Bitcoin, such as Segregated Witness and the Lightning Network. About Us Charlie Lee, the creator of the cryptocurrency itself made one of the most daring calls of all: he called for his own coin to drop from all-time high prices of $300+ to as low as $20. Unfortunately for Charlie Lee, he was right. You can always do your own research based on the project roadmap, the implementation of the declared milestones, the developers and the top managers’ reputation. The reason for this price increase was the upcoming halving, which took place on August 5. Litecoin is among the top ten cryptocurrencies by market cap, giving it added value and long term value, and is part of the reason why LTC price predictions can go so high – the assets listed in the top ten are often the most promising projects in terms of estimated growth and projected value, making them sound investments in what is otherwise a risky market. The expert stated this in the project’s Telegram channel on Monday, February 4, a screenshot of the message was published by The Daily Hodl. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). However, after its launch on October 8, 2011, its price remained to be relatively low, with an average value of around $3. A cryptocurrency research firm by the name of Crypto Research Report Group is calling for Litecoin to reach $83 in 2020, $1,200 in 2025, and $2,250 in 2030. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). You are solely responsible for withholding, collecting, reporting, paying, settling and/or remitting any and all taxes to the appropriate tax authorities in such jurisdiction(s) in which You may be liable to pay tax. Social media activity and feedback from users and token holders can also help you make the right choice. That year, it peaked at over $300 per coin. When Litecoin reached $50, the developer set a new goal of $60. The event failed to spark a renewed bull market. However, this opinion is not the only one. PLEASE NOTE THAT COMPANY IS IN THE PROCESS OF UNDERTAKING A LEGAL AND REGULATORY ANALYSIS OF BITCOIN TRADING WITH MARGIN. Then LTC managed to double and reached the $80 level in February, but the holiday quickly ended when Litecoin was unable to withstand market pressure in mid-March and fell up to $27. On the lowest end of the scale, analysts see $18 as the absolute bottom for Litecoin in the days ahead. As we have already said, in 2017, the LTC coin reached incredible heights of $300, but by December 2018, it had dropped to $20. Comments and analysis reflect the views of different external and internal analysts at any given time and are subject to change at any time. The downward LTC price trend only changed a couple of times – in February and April. FOLLOWING THE CONCLUSION OF THIS ANALYSIS, COMPANY MAY DECIDE TO AMEND THE INTENDED FUNCTIONALITY IN ORDER TO ENSURE COMPLIANCE WITH ANY LEGAL OR REGULATORY REQUIREMENTS TO WHICH COMPANY IS SUBJECT. According to him, Litecoin can reach $1,000. Bitcoin’s price seems to have settled down somewhat following its major rally, and subsequent fall and correction. Tags: how much will litecoin be worth in 2020, how much will litecoin be worth in 1 year, what could litecoin be worth in 10 years, litecoin forecast 2020, litecoin predictions, litecoin forecast 2018, litecoin 2018 price, litecoin price prediction 2025. The coin’s price decreased almost five times throughout 2018. The community was furious with him, but he was ultimately correct in his prediction. Here’s a breakdown of LTC price predictions broken down by year from some of the best industry analysts. Content, research, tools, and coin symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular asset or to engage in any particular investment strategy. However, it would be more logical to buy Litecoin cryptocurrency dip. Litecoin is placed 8th in terms of market capitalization with more than 2 billion USD of market cap, at the time of writing. That's a crease of %. Litecoin is supported by most countries regulatory entities, as it is among the earliest cryptocurrencies to hit the market. Litecoin’s code is a work of the Bitcoin Core client, and technically similar to Bitcoin. LTC price even increased during the period from December 8 to January 30. The cryptocurrency market is so volatile that it is impossible to predict the exact value of the currency, but only the direction of the development of the common market. After all, no one in 2009 could have predicted Bitcoin would be worth around 10,000 dollars 10 years later. Tags: how much will litecoin be worth in 2020, how much will litecoin be worth in 1 year, what could litecoin be worth in 10 years, litecoin forecast 2020, litecoin predictions, litecoin forecast 2019, litecoin 2019 price, litecoin price prediction 2025. In 2016, the Litecoin price reached $300! According to him, Litecoin can reach $1,000. Due to how far Litecoin has come, growing from low prices around $3 to as much as $360 at its all-time high peak price, it’s clear that Litecoin is a strong performing investment. Also, bitcoin can be extremely volatile intraday; note that the prices internal to our tool may be 10% – or more – different than the prices paid by some market participants in the same 24-hour period. PrimeXBT Trading Services LLC is not required to hold any financial services license or authorization in St. Vincent and the Grenadines to offer its products and services. Using the facts and predictions found in this guide, investors can determine if investing in or trading Litecoin is right for them. Always keep an eye on market changes, especially Bitcoin, which is most often reflected in all altcoins. Could we say that for low investmentand long term, is LTC is a good choice ? The challenge is you never know which ones are going to erupt as it can take years before that happens. When Bitcoin was first introduced in 2008, it was worth $0.0008. So while the value of bitcoin may have risen and fallen countless times over the past few years, there's no doubt that it pays to have invested in bitcoin … We’ll find out the basics of the LTC coin and its future. Xapo CEO: A Bitcoin Could Be Worth $1M in 10 Years April 2, 2014, 5:38 PM Wences Casares, co-founder and CEO of Bitcoin firm Xapo, sits down with WSJ's Evelyn Rusli to talk about Bitcoin's potential for investment growth and solutions to foreign currency exchange problems. Despite the corrections, Litecoin has a strong long-term price trajectory and outlook that suggest that Litecoin potential is extremely high. Gambardello launched his own crypto-focused venture capital firm and looks to fund projects throughout the cryptocurrency industry. Thus, the growth was minimal relative to the quotes of January 2020. 😀. It is also extremely popular with retail investors, traders, and more. However, it looks like the coin managed to find a stable position. And he was right! Despite the fall, Litecoin price has come a long way since it first launched many years ago. The Litecoin forecast is bright, especially considering all of the support the crypto asset has earned from industry experts and big-name investors alike. It was developed and led by Charlie Lee and initially presented as an open-source code via GitHub on October 7, 2011. These products are not suitable for all investors. And he expects this to happen within ten years. Antoni Trenchev, co-founder and managing director of crypto-lender Nexo, told Bloomberg he thinks Bitcoin can get to $50,000 by December. If you catch one at a very low price, meaning one dollar or less, the gains can be incredible, Do your own research. Surprisingly, a little later in the same year the value of the asset reached $300 per coin. All investments involve risk, losses may exceed the principal invested. There is a chance bitcoin will cost $46,232 at the beginning of 2025. We offer a range of rates so that you can choose the best ones for buying or swapping Litecoin in the widget below. By the way, the creator of Litecoin sold all of his tokens at their peak when their price approached the all-time high of $370. This has seen…, We are proud to announce that we have partnered with Coinify, a trading infrastructure platform  which allows users to buy…, Since the end of December, and even a little prior to that, Bitcoin has been on a tear away as…. This is where the asset topped out ahead of its halving in 2019. Last August, the reward for a new block was cut in half, and it did not generate as much hype as it did with BTC in May. Technical analysis is used primarily as a tool for predicting price movement and market behavior. Nobody is bearish about the price of litecoin, which is a good sign to me, Your email address will not be published. However, he did not predict the growth of his coin, but the fall. To the date, it’s growing up to $142. At that moment, the story seemed impossible, because the LTC coin was traded on exchanges for $60. You can see by the chart that the return of investment rate of bitcoin is a staggering 9,150,088%, which is 2,899 times the amount of Amazon's return on investment rate. However, recent market fluctuations and the defi market hype strongly damaged the price of Litecoin. Among the most common improvements altcoins attempt to make over Bitcoin, is improved transaction speeds. Quite bullish. PrimeXBT recommends the consultation of a financial professional who would have a perfect knowledge of the financial and patrimonial situation of the recipient of this message and would be able to verify that the financial products mentioned are adapted to the said situation and the financial objectives pursued. Required fields are marked *, Buy In October 2020, the LTC price was $44. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money. As a key team member of the developers behind Litecoin, his job is to improve and market the coin. Already in 2020, Litecoin has rallied over 140%, despite a current retracement cutting the asset back down to roughly $50 per LTC. In the first half of the year, Litecoin has a bullish trend. John Kin calls himself a Litecoin evangelist. Ravencoin Price Prediction: Will RVN Go Up? Today it is almost $10,000. If we consider Bitcoin, Ethereum and Litecoin, then the first two coins demonstrate a healthy commitment of the team to developing their projects. Crypto Ground has predicted for the year and even 5 years … The whole cryptocurrency market is going up now, so the altcoins’ price reaches a new high. The information provided does not constitute, in any way, a solicitation or inducement to buy or sell cryptocurrencies, derivatives, foreign exchange products, CFDs, securities and similar products. People believed that the price should go up after halving, so they bought a lot of LTC coins, thereby raising the price themselves. This Litecoin price prediction guide will help investors make an informed decision if Litecoin is right for them, help them understand if Litecoin will rise as Bitcoin has in the long term, and provide an all-around Litecoin forecast that will help to determine what could Litecoin be worth in 10 years. Related. During 2020, Litecoin was in a downtrend. of ? It depends on the sum you are ready to invest and the market behavior. Crypto Capital Venture founder Dan Gambardello us exceptionally bullish on cryptocurrencies, but especially Bitcoin and Litecoin. According to the Swiss cryptocurrency bank SEBA, miners are skeptical about the upside potential for Litecoin. For the remainder. At that point, LTC was trading at just $60 per token. According to the Crypto Research Report Group, Litecoin is headed to the following points in the future: $83 in 2020, $1,200 in 2025, and $2,250 in 2030. Conclusion: Is Litecoin a Good Investment and How Much Will LTC Be Worth? Profit Confidential predicted in mid-2017 before Litecoin went parabolic that the asset would trade at $200 before the year was over. ON THE CONCLUSION OF THIS ANALYSIS, WE WILL DECIDE WHETHER OR NOT TO CHANGE THE FUNCTIONALITY OF THE WEB-SITE. We recommend following the Bitcoin and crypto news to get the right perception of the market. What if you had invested in Bitcoin earlier? Litecoin as a digital asset that attracts more users to its network due to the fact that it is cheap, fast, and reliable. Keep in mind that Litecoin is a pretty established coin in the cryptocurrency world. Our service can help you with this. If this penetration manages to reach 10%, its non-discounted utility price should reach nearly … Not only is the nod of support from Gambardello significant, but he also has compared current price action in Litecoin to 2016’s price action, when Litecoin rallied to $300 after consolidating around $4 for some time. However, given how strong Litecoin has historically performed, Litecoin will rise once again, and this LTC price forecast guide will reveal how much projected value and estimated growth in Litecoin’s market price will occur in the future. Supported Currencies Website. Related. On top of reporting differences, different exchanges may have different bitcoin prices for each date. PrimeXBT shall not be responsible for withholding, collecting, reporting, paying, settling and/or remitting any taxes (including, but not limited to, any income, capital gains, sales, value added or similar tax) which may arise from Your participation in the trading with margin. Since 84 percent of Bitcoin’s 21 million coins is already in supply, the $294 trillion will be shared among the slightly above three million coins which are yet to be mined. Some people are talking about an increase that can take its value to the $500 or $600 range, a tremendous percentage growth if sustained. In a tweet, the Litecoin Foundation member called for $60 Litecoin in the near term. Beyond that, anything is possible depending on how widely cryptocurrencies are adopted and if they begin to replace fiat currencies like the Euro or USD. in the asset. For many years now, we have been assisting users in exchanging and buying coins in the blink of an eye. It is specified that the past performance of a financial product does not prejudge in any way their future performance. 2025 will continue to hold BTC price at a high level. As in any sphere that can be predicted, there are people who are either wrong or right. That is what happened. PrimeXBT offers Litecoin alongside other popular cryptocurrencies Bitcoin, Dogecoin Price Prediction: Can DOGE Provide Investors With “Much Wow”, Predicting the Price of Bitcoin Cash for 2020, 2023, and…. Litecoin is trading within a massive symmetrical triangle. Let’s look at Litecoin in terms of technical analysis for the short term prediction. Quick calculations reveal that one Bitcoin will be worth $98 million by the end of two decades. Charlie Lee, the head of the Litecoin Foundation and creator of Litecoin cryptocurrency, believes that Bitcoin’s price will rise to $20,000 in the next three years. Litecoin gets additional value from being so closely tied to Bitcoin, and is commonly referred to as digital silver to Bitcoin’s digital gold narrative. Technical analysis can be used to help investors and traders come up with a short-term and long-term price prediction for Litecoin, beyond just speculation. 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