As cryptocurrency markets proceed to fluctuate wildly, it appears buyers solely turn into extra intrigued by these digital cash and tokens. For buyers in Litecoin (CCC:LTC-USD), this enthusiasm seems to be warranted. Certainly, curiosity in what the knowledgeable Litecoin (LTC) worth predictions are proper now’s solely selecting up.
A few of this curiosity could also be on account of recent news surrounding Litecoin’s rising mainstream attraction. At present, it was reported that NASCAR driver Landon Cassill shall be paid totally in Litecoin for a sponsorship take care of Voyager, a crypto brokerage agency.
The driving force in query claims he’s a crypto fanatic and has been buying and selling crypto for some time. Accordingly, his alternative of sponsor and fee could not appear unorthodox to these within the crypto investing neighborhood. Nevertheless, these exterior the neighborhood might even see this alternative of fee as odd, given the volatility in such cash of late.
For instance, LTC is at present buying and selling 5% decrease at the moment, on this in any other case excellent news. Right here’s to hoping the deal hasn’t been signed but, or shall be paid out at a median worth over time. Nevertheless, I assume that’s Mr. Cassill’s drawback from right here.
Regardless, let’s check out the place the consultants suppose LTC is headed from right here
Litecoin (LTC) Worth Predictions
For reference, LTC is at present buying and selling at $157.18.
- InvestingCube seems to have a fairly large near-term vary for the place LTC might commerce. Certainly, this website suggests LTC might dip under $100 or above $240, relying on market situations from right here.
- LongForecast gives a one-year and three-year worth goal for LTC of $345 and $119, respectively.
- Moreover, an fascinating publish on Medium suggests LTC might hit $950 by 2025. That is among the many most bullish estimates for LTC proper now.
On the date of publication, Chris MacDonald didn’t have (both straight or not directly) any positions within the securities talked about on this article. The opinions expressed on this article are these of the author, topic to the InvestorPlace.com Publishing Guidelines.