Consequently, there are a multitude of crypto exchanges and trading platforms that accept Litecoin. Litecoin’s creator Charlie Lee, a former Google employee, created Litecoin as an alternative to Bitcoin, which had grave scalability issues before.ĭesigned as a lighter alternative to Bitcoin, Litecoin aims to provide seamless peer-to-peer (P2P) transactions to its users globally. It started as a fork off of the Bitcoin blockchain in 2011 before creating an entire ecosystem in the succeeding years. Litecoin is one of the oldest cryptocurrencies to date. But before we start our Litecoin price analysis, let us first answer the question, “What is Litecoin?” What is Litecoin (LTC)? But with its current statistics and performance, will Litecoin become one of the best cryptocurrencies to invest in 2021? We’ll find out in this Litecoin price prediction. If Litecoin attains all of these goals, it will surely exceed its ATH and more. Furthermore, they want to reach $104 million on Grayscale LTCN Trust. Additionally, they are looking to have high liquidity and to be available on every crypto exchange.
At the moment, Litecoin is the sixteenth cryptocurrency in terms of market capitalization.Īs part of the Litecoin vision, creator Charlie Lee said that they also aim to become available through PayPal. However, Litecoin’s ATH is $412.96, which was on May 10, 2021. Meanwhile, Litecoin (LTC), dubbed “Bitcoin’s silver”, has started to pick up its pace with the hopes of replicating BTC’s impressive performance. Perhaps the most impressive is Bitcoin, which is well on its way to approach $70,000 soon if it sustains its bull run. Many cryptocurrencies have rallied in 2021, with some beating their ATH from the 2017 bull run.
Below, you will see the key metrics that we have taken into consideration upon coming up with our LTC price analysis and prediction. This Litecoin (LTC) Price Prediction 2021 article is based on technical analysis alone. LTC bearish market price prediction for 2021 is $104.05.Bullish LTC price prediction ranges from $228.11 to $339.12.
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