Famously referred to as the silver to Bitcoin’s gold, Litecoin was launched in 2011 and sought to improve upon the original cryptocurrency blueprint and solve certain issues. The recipe appears to have been a success, with LTC holding a spot within the top ten cryptocurrencies by market cap almost continuously since its inception.
Litecoin is very much modelled on Bitcoin, using more or less the same blockchain infrastructure. However, it sought to address certain issues that had been identified with Bitcoin - mostly relating to scalability and transaction processing. Whereas BTC had already been more or less reclassified as a value-holding asset, Litecoin was intended to be a usable alternative to traditional currency.
So, does all this make Litecoin a good investment in future? Despite promising to improve upon the original Bitcoin protocols, it’s fair to say that Litecoin is still a long way behind its predecessor when it comes to trading volume, market cap and unit price. However, there are still plenty of reasons to invest in Litecoin, not least its potential as a legitimate means of payment for retail transactions.
In the following Litecoin price prediction for 2025 and 2030, we’ll take a closer look at what the altcoin has to offer, as well as consider its prospects as a long term investment.
The History of Litecoin
Litecoin was the brainchild of former Google engineer Charlie “Satoshi Lite” Lee. He had identified what he saw as shortcomings in Bitcoin’s underlying protocols and decided to create a digital currency that was more suitable for everyday retail transactions - ie with faster transactions and lower network fees.
Naturally, Litecoin bears many similarities to its predecessor - they both have a cap on the total supply of tokens, they both use a similar blockchain architecture and they both rely on miners to process blocks on the network. However, whilst Litecoin and Bitcoin both utilise the proof-of-work consensus mechanism, there is one crucial difference - Litecoin uses the faster Scrypt algorithm. Litecoin therefore has a much faster processing time - taking just 2.5 minutes to generate a block.
Mr Lee became the subject of speculation when he offloaded his own Litecoin holdings at the height of the token’s legendary bull run in 2017, which he insisted was done to alleviate a potential conflict of interest.
Although Litecoin has at times been dismissed as merely a “testbed” for Bitcoin, the altcoin has established an active community and the Litecoin Foundation has recently acquired a 9.9% stake in WEG Bank AG via TokenPay, a platform that facilitates crypto to fiat transfers.
At the time of writing, LTC is the 8th biggest cryptocurrency in terms of market capitalisation - so it certainly appears to have something going for it. As such, it could well prove a good idea to invest in Litecoin as part of a long term strategy.
Looking at Litecoin’s Recent Price Performance
Looking at the development of a cryptocurrency is a good way of getting a feel for where it slots into the market but, surprisingly enough, technical particulars often have little relevance to a coin’s potential as an investment asset. If you’re looking to invest in Litecoin, then you’ll need to pay careful consideration to its recent price performance to get an idea of what to expect in future.
Looking at LTC’s price history for 2020 reveals a familiar story. Litecoin had an interesting start to the year, climbing from around $43 right up to $77.11 by March, before the COVID-19 pandemic struck and put the breaks on what had been an impressive bull market. At its lowest ebb, LTC dropped to $30.49 before stabilising relatively quickly in April and starting to creep up again.
Prices held out throughout the summer of 2020, before Litecoin benefited from the general uplift of the crypto market in the final weeks of the year, reaching over $125 per token by December. This growth continued into the new year, with prices reaching as high as $253 by February 2021. However, those looking to invest in Litecoin moving forward should be aware that the price run appears to have tapered off and LTC experienced a significant drop at the end of February - with prices down to $175 at the time of writing.
Nonetheless, the fact that Litecoin benefitted from the wider market surge shows that it is still amongst the most relevant cryptocurrencies, which bodes well for any long term Litecoin price prediction.
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LTC fundamentals: Is Litecoin About to Take Off?
Price movement across the cryptocurrency market has been somewhat in sync amongst the top tokens, with most notable coins experiencing a significant upsurge in the opening weeks of 2021. Similarly, the market as a whole experienced a downturn at the end of February, when many record-breaking bull runs came to an end.
Moving forward, investors are now looking for signs as to what will be the breakout tokens for the coming months. Whilst Litecoin saw its price tank by almost 40% in the aforementioned market dip, new developments around LTC suggest that it could be about to take off. FX Street has analysed Litecoin’s recent chart trajectories and identified signs of a potential bull on the horizon.
Despite market leader Bitcoin having apparently topped out at $50,000, Litecoin appears to be charting its road to recovery, according to several key indicators including the 23.6% Fibonacci and the 200 Simple Moving Average.
In addition to these metrics, the In/Out of the Money Around Current Price indicator points to a relatively consistent upward trend for LTC, with $200 per token being very achievable in the near future.
Furthermore, according to the IOMAP model shows that LTC experiences the strongest resistance between $218 to $224, but if appetite to invest in Litecoin holds amongst large-scale traders and investors, then analysis shows we can expect the token to hit $250.
Is Demand for Litecoin Holding Out?
Crypto asset manager Grayscale has traditionally swooped on Litecoin after price dips and this trend has continued over the past month. The firm has bought up some 174,939 LTC - equivalent to 80% of all mined LTC in February and representing a 10% increase in its holdings. So why is this important for our Litecoin price prediction?
Historically, assets have tended to appreciate significantly following Grayscale acquisitions. However, this has yet to be the case for Litecoin, which has led many leading platforms to predict that the altcoin is primed for a breakout.
As we have noted, FX street’s IOMAP model shows that LTC needs to get passed the $224 barrier, so if Grayscale’s acquisition is followed by a rush to invest in Litecoin, then it is possible that Litecoin’s price could break new ground.
What’s next: Litecoin Price Predictions for 2025
The factors detailed above are worth being aware of for anyone thinking to invest in Litecoin and any investor should always be monitoring the news for developments that could impact their chosen markets. But what’s the best way of building a long term Litecoin price prediction?
Ultimately, forecasts - even those based on the most in-depth technical analysis - are guesswork. However, by drawing together several Litecoin price predictions from various analysts, we can start to build an idea of what is expected for the token.
Many analysts are pointing to Litecoin’s next halving, expected in 2023, as the next big price driver. Over at Coinswitch, Litecoin is tipped to surge in value shortly after, reaching as high as $1200 by 2025. A similar figure has been predicted by PrimeXBT, which has LTC approaching $1300 over the next five years.
One of the more subdued Litecoin price predictions comes from the Economy Forecast Agency. They aren’t predicting any sudden surges for LTC, instead predicting that the altcoin will experience a few peaks and troughs. They have Litecoin climbing impressively for the rest of 2021 and reaching $280 by March 2022. However, things will then go into decline for LTC, barely peaking above $200 for 2023.
Interestingly, the EFA has Litecoin dropping significantly after its halving, with prices hitting a low of $74 in May 2024. Things then start to recover and by the end of 2025 LTC is expected to be trading around the $180 mark.
Looking Further Ahead: Litecoin Price Predictions for 2030
It goes without saying that 10-year forecasts are suggestive at best. In reality, if you are looking to invest in Litecoin as a long term strategy then you are probably already aware that you’ll need to constantly monitor your portfolio - the crypto markets move quickly at the best of the times and a single piece of regulation or technological advancement could turn the sector on its head.
However, long-term Litecoin price predictions can give us an idea of the potential market experts see in the altcoin. As such, they can still be useful for developing a wider investment strategy.
Coin Price Forecast is not holding back on its 10-year Litecoin price prediction, speculating that LTC will hit $1,340 by 2025 and continue to climb over the next few years until trading in excess of $2,500 by 2030.
Suffice to say that this is a fairly optimistic outlook and we’d advise against rushing to invest in Litecoin based on this alone, but it’s certainly a vote of confidence in the altcoin.
Crypterium is more reserved in its Litecoin price prediction for 2030, forecasting LTC to reach $1,500 over the course of the next decade and potentially fighting its way into the top three cryptocurrencies.
A cryptocurrency research firm reported by Crypto Rating Analysis is expecting Litecoin (LTC) to reach $900 by 2025, and $1400 by 2030.
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Conclusion: Should you invest in Litecoin?
Judging by most Litecoin price predictions, the altcoin could well prove a solid investment, both long term and short term. If nothing else, the token effectively has its niche as the most prominent cryptocurrency suitable for daily retail transactions. Having improved upon the original Bitcoin blueprint it seems that LTC does have a future as a mainstay cryptocurrency.
So should you invest in Litecoin?
One of the key reasons to invest in Litecoin is that it offers a genuinely feasible alternative payment system. As such, it could prove to be an excellent long term investment - but this depends on uptake.
Again, this depends on your portfolio goals. Whilst most Litecoin precise predictions do indeed point to long-term growth, this will not necessarily be a linear progression and some platforms - namely the EFA - see LTC peaking in 2022, before going into decline. This means that anyone choosing to invest in Litecoin will need to keep a close eye on the asset and be ready to offload it if the market looks to be turning against them.
However, the reality is that long-term forecasts are unlikely to remain valid over the years and anything that can be deduced from a Litecoin price prediction will also probably be true for any other cryptocurrency. As always, the best approach is to keep abreast of developments across the fintech landscape and always be adaptable with regards to your crypto investment strategy.
If you do choose to invest in Litecoin over the long term, then the key date to be aware of will be the halving event expected in 2023 - as this will be the make or break for LTC and will inform investors as to whether the altcoin really has any genuine longevity.
Where to Invest in Litecoin
Most Litecoin price predictions are pointing to growth, so you might well be considering adding it to your portfolio. However, if you are new to the crypto markets, you might not be sure exactly where and how to invest in Litecoin.
Fortunately, the cryptocurrency market is one of the most accessible, with numerous exchanges and brokers offering retail services. For most novice traders, we usually recommend eToro. The platform offers trading in all the major tokens and presents professional-level trading tools in an easy-to-use, intuitive platform.
What’s more, eToro is fully regulated by the FCA and offers the latest in website and wallet security - which is of course essential for anyone looking to trade digital currency.
eToro – Best Platform to Buy Litecoin
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Should I invest in Litecoin?
The crypto market has already attracted plenty of new interest in 2021, following price surges across the board over January and early February. Following a downturn heading into March, investors are now circling around the coins predicted to start growing again.
One such coin is Litecoin - which has shown surprising resilience and is already starting to creep back up. If you are thinking to invest in Litecoin, then it’s probably better to do so sooner rather than later.
What are Litecoin price predictions like for 2025?
Looking at Litecoin price predictions over the long term, 2023 appears to be a key date as this is when the next halving will occur. After this, most analysts have LTC rising significantly by 2025. However, others, such as the Economy Forecast Agency, sees prices dipping after the halving event and only starting to recover two years later.
Will Litecoin overtake Bitcoin?
There are very few - if any - reputable Litecoin price predictions that see LTC overtaking BTC. However, several have suggested that Litecoin could climb the crypto ranks and take the number 3 spot within the next ten years.
Where can I invest in Litecoin?
With most Litecoin price predictions pointing to sustained growth for the altcoin, many are now choosing to add LTC to their portfolios. However, if you are new to the market then you may not know where to actually acquire cryptocurrency. The best place is via a reputable broker, such as eToro. Here you can buy and sell crypto, as well as access plenty of trading tools and information on the markets.
Should I invest in Litecoin long term or short term?
The cryptocurrency market is notoriously volatile, which has made it very popular with day and swing traders. However, as the industry continues to make inroads to the mainstream financial sector, many investors are now looking at longer-term strategies involving crypto.
What will Litecoin be worth in 2030?
Long term price predictions should always be taken with a large pinch of salt, but many prominent analysts have LTC continuing to make headway over the next ten years, with several predicting that Litecoin could be trading in excess of $1,300 by 2030.