As we can see from the graph below, all-time highs and sudden price surges of Litecoin almost always follows that of bitcoin.

Litecoin (LTC) price prediction is 78.380946 USD. The LTC halving reduced the amount miners make for confirming a single transaction from 25 LTCs to 12.5 LTCs.

Wallet Investor is known for their pragmatic cryptocurrency prediction.

The main focus now of Litecoin developers is to improve the fungibility and privacy features of Litecoin. This means that if you invested $100 now, your current investment may be worth $146.774 on 2021 November 03, Wednesday.

Litecoin’s PoW algorithm is characterized by a computer power-intensive mining process. So in December 2017, Litecoin reached $100 per coin and at the mid of December even $350. This would push the Litecoin enthusiasts to trade and invest as the halving process enables the coin to surge its value.

Litecoin and Bitcoin share the same type of consensus mechanism called Proof-of-Work (PoW). This makes LTC transaction four times faster than BTC. Litecoin’s second halving event took place in August 2019.

With a rally almost always expected after a halving event, commentators foresee Litecoin closing the decade in the first three top cryptocurrencies in the market by having gained a considerable market cap. However, the main thrust of the Litecoin developers right now is what we have discussed above. LongForecast is keeping its fingers crossed until 2023, where it gives a minimum of $22,390 and a maximum prediction of $25,975 by the end of 2023. Forked from the bitcoin blockchain in the year 2011, Litecoin was born to enable instant payments, something that Bitcoin was unable to do due to its slow transaction confirmation times. Included on its board of directors is Charlie Lee, the creator of Litecoin.

There will be several price drops each year, but the trend is positive: Litecoin price forecast for 2020, 2021, 2022, 2023 by LongForecastLongForecast believes that Litecoin will be about $40 and the whole 2020 it will be fluctuating from $25 to $50. As 2020 is expected to turn out to be the most prominent year for cryptocurrencies, LTC also might experience an upward surge.

Make fee-free transactions with other Freewallet users. However, a five-year Litecoin prediction is likely to give a higher return on investment (RoI) to those who have already secured a quiet corner in the LTC train. Litecoin is one of the most under-valued and grounded cryptocurrencies in the world, being in existence for seven years since 2011.

This combination of a more friendly regulatory environment, mass adoption underway, and perhaps better global economics will pave the way to a new crypto bull-run never seen before in the crypto industry. An investment in LTC is the best way to increase my money in today’s Cryptocurrency market. These periodic bull runs usually coincide with bitcoin’s, which seems to dictate the direction of the whole cryptocurrency market. However, like the others, these future features have been pushed back to give way for the implementation of MimbleWimble. If in Bitcoin 1 block is generated in 10 minutes, then in Litecoin - in just 2.5 minutes.

There are high probabilities of Litecoin succeeding in 2020, especially post the halving process. Deep learning, unlike machine learning, takes into consideration more factors such as technological progress, security, competitions inside the crypto space, political factors, among others helping it to bring a more accurate prediction.

While not dismissing the possibility of the current situation of the industry turning to the worst, cryptocurrencies, in general, have proven themselves as a very resilient asset class. We strive to share the most reliable, interesting, and accurate information to our readers. Litecoin, with its low transaction costs and quick confirmation times, is becoming “the new global payments standard for consumers and businesses worldwide.” It also reassures merchants that costs are likely lower than they thought. Guys, why don’t you at least look at chart before stamping your “forecasts”. Which is likely to happen in the second part of 2020.

Only in November 2013, we can see the first significant price movements. The current price of LTC at the time of this writing is around 40-45 USD up more than +10 USD from the crypto market flash crash of March 2020. The current market price of LTC is around 42.46 USD.

The Litecoin network went live on October 13, 2011.

For instance, its Litecoin price prediction foresees LTC trading at $255.87 in mid-2026 and will close the decade with a USD value of $375.86. Like many cryptocurrencies, the price movement of Litecoin has historically been correlated with the price movement of bitcoin.

Over time, as the learning module interfaces with large sets of data, the computer can predict real-world outcomes.

Read more: Get the top and best Litecoin wallets. Based on historical data, this should mark the start of a bullish trend for LTC with its value exploding by the year’s end. December will be a good month for the crypto and LTC will jump to $25. Very low probability for that.

Obviously, most of the credit goes to Charlie Lee, as he finally introduced Confidential transactions (CT) like privacy coins like ZCash and Monero, which will ward off fungibility, scalability and privacy problems.
Email Contact@Cryptopolitan.com, Guides Bitcoin News Blockchain News Ethereum News Industry News Research News Scam News Regulation News Exchange News Bitcoin Price Ethereum Price Bitcoin Cash Price Cardano Price Dash Price, About Contact Write for us Advertise with us Privacy Policy Cookie Policy Comment Policy Editorial Policy Terms and Conditions Crypto Portfolio Tracker. As a result at the end of 2022, LTC will cost $10, in 2023 – $3, in 2024 – $2 and in 2025 – $2.

April 23, 2020.

Privacy coins have been a cherished choice of traders as it sheilds user identification on the network with embedded technology. Despite the pandemic fallout still affecting the global economy, Litecoin has been holding strong near the $57 mark in light of the recent Bitcoin $13k boom. The bullish trend for LTC that started in late 2020 and throughout 2021 will continue going forward into 2022. Read in our Litecoin price prediction for 2020, 2025 and 2030. They can help spread awareness about Litecoin while at the same time, expand the use case of Litecoins by allowing holders new ways how to spend their LTC. Nevertheless, the eagerly awaited Litecoin Mimblewimble upgrade may see investors correctly predict a surge in LTC’s price soon. The rest of the market slumped in an even harsher fashion, losing 50%+ in one day. Please visit our Privacy Policy & Terms Of Service page to learn more.

They believe in their Litecoin price prediction that LTC might drop $27 by December 2020, where the year high price might be around $45. It might reach newer heights, which shall define its futuristic goals. Litecoin is looking to adopt privacy protocol called Mimblewimble, attracting more crypto investors.
With halving occurring after approximately every four years, by 2030, LTC will have experienced its fourth halving.

Then it was followed by the correction, so today Litcoin cost about $62. Many of these exchanges, especially the regulated ones, have fiat on-ramps allowing their customers to buy LTC directly with fiat. It enables LTC holders to book at over 500K hotels in 210 countries, covering over 82,000 locations. In order to solve the problem of network scaling, Litecoin uses the SegWit software algorithm.

Conclusion: Is Litecoin a Good Investment and How Much Will LTC Be Worth?

So, the Litecoin network has a much higher capacity than its predecessor Bitcoin. With this, the prices of Litecoin between 2025 and 2030 will mostly revolve around the halving events.

Litecoin foundation is also partnered with fiat-crypto payment processors like Aliant Payments and Coingate, both of these payment processors allow merchants to accept Litecoin. Since this is a black swan event, an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences, there is no one who can legitimately claim that he or his algorithm can predict short-term price developments for anything, let alone cryptocurrencies. Although it’s hard to predict Litecoin’s price with utmost accuracy in days to come, predictions are seeing a rise, especially in the period beyond 2020. Litecoin [LTC] is one of the coins that suffered biggest hit by the bear market.

Dubbed “the cryptocurrency for payments,” Litecoin is a virtual currency that seeks to facilitate payments over the internet. The Litecoin price prediction for the next ten years varies. Litecoin's future looks bright will all the integrations and partnerships. Going by WalletInvestor, TradingBeasts, LongForecast, and DigitalCoinPrice predictions, the price of Litecoin is likely to oscillate between $30 and $100. Atomic Swaps allows users to trade on the coin for a different coin without going through an exchange, and it is also called cross-chain swaps. It is already high as compared to the other newcomers. our updated guide on best There are many instant exchanges in the market today three of the most famous are Shapeshift, Changelly and ChangeNow.

It provides an easier way of trading through global exchanges like Binance, KuCoin, IDEX, Huobi, Ethfinex, HitBTC and Cryptopia without creating an account on them. The bullish trend will continue in 2023 and Litecoin will achieve $58 in December. While Bitcoin is working on SHA-256, Litecoin uses scrypt in its PoW algorithm. Many experts agree that it will get worse before it gets better, both in terms of human health and economic situation. It guarantees that your coins won’t be lost or stolen. He gained professional experience as a PR for a local political party before moving to journalism. We have seen a strong need for better media coverage in the industry as the rise and popularity of digital currency is at an all-time high. Ethereum VS EOS Close Up Comparison | Is EOS a Good Ethereum Alternative? According to Action Forex, if the LTC/USD pair falls under the $57 level, its price might test both the $50.00 and $45.00 support zones. Captain Altcoin is made up of investors and digital currency enthusiasts.


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