![lite coin price prediction lite coin price prediction](https://s3.tradingview.com/snapshots/z/ZSkKJOG0.png)
So… let’s wrap things up by taking a look at how LTC’s value might evolve in the coming months. Think of it this way: if you were given a choice between sending a remittance with punishing fees or saving money by using a digital asset instead, what would you choose? Litecoin price prediction 2020 But altcoins live and die by their utility, and proving that they can serve as a compelling alternative to fiat currencies is a promising step on LTC’s part. Will Litecoin prices go up? No one’s got a crystal ball. In a recent interview with Cointelegraph, Lee shrugged off concerns that LTC has gained a reputation as a “boring” coin – championing the fact that he has sought to develop new features carefully so as not to undermine the network’s stability.
LITE COIN PRICE PREDICTION UPGRADE
“With billions in remittances sent each year to South Korea, Litecoin (through its speed, security, and low transaction fees) offers significant advantages over traditional methods of sending money overseas.”Īnd another factor in the Litecoin price prediction is an upcoming upgrade that aims to make LTC more scalable and private – two crucial factors that could encourage crypto enthusiasts to give it a try. Further use cases are planned for the future – and it’s partnerships like these that’ll help LTC prices increase organically.īoth MeconCash and the Litecoin Foundation noted that the collaboration will help LTC become a better-known brand in South Korea, increasing its footprint in the marketplace. This is a big development for the cryptocurrency’s utility – giving LTC holders access to quick cash, as well as the freedom to send remittances to their loved ones abroad. In other Litecoin price news, it was confirmed that a new agreement with MeconCash in South Korea means that LTC can be withdrawn to Korean won at more than 13,000 ATMs in the country.
![lite coin price prediction lite coin price prediction](https://cdn.statcdn.com/Statistic/805000/807160-blank-355.png)
“Litecoin’s ease of use and low transaction costs make it a perfect fit.” Meanwhile, Atari CEO Fred Chesnais added: “ excited to see the possibilities a partnership like this can have for not only Litecoin and cryptocurrencies but also the gaming industry and lifelong fans of Atari.” Players have also been given the chance to buy Atari’s brand-new console using LTC, a milestone that has the potential to introduce thousands of people to this digital asset for the very first time.Īt the time, the Litecoin Foundation’s managing director Charlie Lee said: Back in May, it was confirmed that LTC was going to be integrated throughout the entertainment company’s ecosystem, with the cryptocurrency being accepted as a payment method for games and accessories. Although LTC transactions are confirmed four times faster than BTC’s, meaning that it’s a more practical choice for making everyday payments, this hasn’t translated into demand.įactors that would help the Litecoin price forecast include more headline-grabbing stories such as the Litecoin Foundation’s partnership with the legendary gaming brand Atari. From March 12 to the time of writing, BTC has notched up gains of 109.1 per cent – far superior – and it’s also up 30 per cent on January 1.įor the Litecoin price prediction to become any more optimistic, “the silver to Bitcoin’s gold” needs to show that it has compelling use cases and increasing levels of adoption.
![lite coin price prediction lite coin price prediction](https://invezz.com/wp-content/uploads/2021/10/litecoin-price-1024x496.png)
Since then, LTC has risen by 57.2 per cent to reach $43.39 at the time of writing, meaning there’s been little improvement since January overall.Īny price prediction for Litecoin has to take into account how disappointing this bounce back is when compared with Bitcoin. At one point it slumped as low as $27.59.
![lite coin price prediction lite coin price prediction](https://theglobalcoverage.com/wp-content/uploads/2021/07/Tokyo-Revengers-Episode-12-1-1024x576.jpg)
It started the year at $41.67, and though it practically doubled in price and surged above $80 in February, the heat quickly began to leave the market – and LTC wasn’t immune from the crypto flash crash in the middle of March. Overall, the Litecoin price in 2020 has been somewhat stagnant.
LITE COIN PRICE PREDICTION CRACK
This draws parallels with Bitcoin, which has consistently tumbled after managing to crack $10,000. Past attempts to vault past this level have resulted in a swift correction in recent months. The Litecoin price trend has seen the world’s seventh-largest cryptocurrency repeatedly fail to overcome stubborn resistance around the $50 mark. When it comes to the Litecoin price prediction, it’s a similar story. It’s been trading in an exceedingly narrow corridor – and it’s unclear whether the market will head upwards or downwards in the medium term. Bitcoin has been in something of a holding pattern of late.