Top 3 Litecoin Price Predictions for 2018

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mughalaaqib
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#39774

14 Apr 2018, 10:20

Nicknamed the silver to Bitcoin’s gold, Litecoin emerged onto the scene in 2011 to help remedy some of the flaws inherent in Bitcoin. To this end, Litecoin was designed to offer a more abundant supply of coins, a maximum cap of 84 million to be exact, as opposed to Bitcoin’s 21 million cap. Additionally, the amount of time required to carry out a transaction with Litecoin is a fourth of the time required for the same transaction using Bitcoin. This significant reduction in transaction time, coupled with the fourfold increase in coin supply, is expected to facilitate financial transactions while lowering the price of a single Litecoin compared to a single Bitcoin. With that said, let’s take a look at 3 top Litecoin price predictions for 2018. Read on to see how the price of Litecoin is expected to change during this year.
What Are the Litecoin Price Predictions for 2018?
As things stand, Litecoin has the 5th highest market capitalization, approximately 10 billion dollars, in the cryptocurrency world, trailing after Bitcoin, about $162 billion dollars as of this writing, Ethereum, around $71 billion, Ripple, around $32 billion dollars, Bitcoin Cash, around $19 billion. Nevertheless, performance-wise, Litecoin has outperformed both Bitcoin and Ethereum over the past year, with appreciation values reaching 2000 %. Hence, attempting to make Litecoin price predictions for 2018 may be well worth our effort, regardless of the fact that all cryptocurrencies are very volatile at the moment, given their nascent state. Speaking about volatility, you can read our article on Ripple price predictions for 2018 to understand how this works.
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The Rate of Adoption Should Increase
Be it the abundant supply or the speedy transactions, the amount of people using Litecoin should increase in a somewhat exponential fashion. On the one hand, Litecoin, along with other cryptocurrencies, is tethered to Bitcoin, in the sense that the increase in usage of Bitcoin spells a higher rate of adoption for the rest of the cryptocurrencies. Evidence for this phenomenon can be witnessed by comparing the price charts of both currencies, at which point the correlation becomes unmistakable.

SEE FULL NEWS AT https://investingpr.com/litecoin-price- ... -for-2018/



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#40773

17 Apr 2018, 08:09

I think litecoin growing is the best future opportunity

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#40777

17 Apr 2018, 08:26

your analysis is very useful for me and other s

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#41164

18 Apr 2018, 15:20

very informative but i think litecoin price grows more in future now its price grows up and hope this price goes to 200$ in next month.

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#41346

19 Apr 2018, 09:15

Yes good,light coin is best opportunity

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#48928

30 Jun 2018, 09:36

At this moment the market is still bearish and litecoin just hit its low for the year. From this point it can double or tripple this year when the bitcoin lightning network goes live. So 200$ is a realistic predection in my opinion

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Choudry76
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#48953

30 Jun 2018, 23:17

Lite con is good coin having good team as well. Lite coin has bright future and now is buying time in future it will be on moon good luck.

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#48956

01 Jul 2018, 08:37

120 $ is fair price for LTC at this time

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Muhammadnav
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#49020

03 Jul 2018, 11:44

i think litecoin will touch 300$ by the end of 2018

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