Recently, The Litecoin Foundation stepped into philanthropy and teamed up with UNICEF kid power, which is an initiative which shows how children can make a difference. Litecoin even went through its second halving process wherein the block reward halved from 25 LTC to 12.5 LTC. Some of the crypto enthusiasts were pretty vocal about the effect of the event. Eric Turner, director of blockchain analytics firm Messari said that some investors are exiting with their trading process after the LTC halving took place.
Litecoin is created by Charlie Lee, an ex-Google employee, to had the vision to create something which is lighter and cheaper than Bitcoin, hence the name. On October 7, 2011, Litecoin was released by an open-source client on GitHub. Litecoin is formed from Bitcoin, with similar features and characteristics.
Litecoin price prediction 2019
LTC will maintain its rate at between $150 to $250. November will experience the maximum price for this year, it being $250, after which again it will decrease to $230. Even Litecoin halving is going to take place in August 2019, wherein the block rewards to the miners are going to drop by almost 50%, which might increase Litecoin’s demand exponentially. The rate of getting added to exchanges and merchant adoption is also going to surge drastically upward. Other popular adoptions include Surf Air, operating on the West Coast of US has started accepting payments in Litecoins. Even a supermarket called Oasis in Rio De Janeiro in Brazil has started accepting LTC.
Litecoin price prediction 2020
As 2020 is expected to turn out to be the most prominent year for cryptocurrencies, LTC also might experience an upward surge. It might start around 250$ where it can reach the 400$ mark in the first quarter. In the month of June, LTC might be $500, after which it might stay onto the 500 dollar mark. By the end of the year, i.e, in December, it decreases a bit and might go to $470. (Litecoin Forecast 2020)
Litecoin price prediction 2021
Litecoin future looks bright will all the integrations and partnerships. The Litecoin community is pretty active, which comes up with all the upcoming developments, and keeps the enthusiasts updated with the same. Litecoin might rise upwards and might give a tough competition to the other cryptos. By 2021, Litecoin might reach $600. It might reach newer heights, which shall define its futuristic goals.
Litecoin price prediction 2023
The Litecoin price prediction is done based on the fact that it is the 7th most valuable cryptocurrency in the world. 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. The payment processing fees are far less than those incurred by credit cards and other forms of payment and even the integration is free.
As the currency is gaining more popularity, the acceptance ratio might also increase. It is already high as compared to the other newcomers. The price is going to soar pretty high in the year 2022 and 2023, where it can reach the 900 dollar mark. You can convert LTC to BTC from CoinSwitch at best rates.
Litecoin price prediction 2025
Litecoin would be having in 2023, where the block rewards would get halved and becomes 6.25 LTC. This would push the Litecoin enthusiasts to trade and invest as the halving process enables the coin to surge its value. Litecoin might even shine ahead of its peers and become one of the most traded cryptocurrencies. By 2025, Litecoin might reach $1200.
Litecoin price prediction 2030
By 2030, Litecoin would have gone through its 4th halving process, and it is expected to grow manifold. It might grow upwards and become one of the top 3 cryptocurrencies if it keeps on with the technological trends. By 2030, Litecoin might reach a whole new level and the value might soar high above $1500.
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