As cryptocurrency markets proceed to fluctuate wildly, it appears buyers solely change 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 skilled Litecoin (LTC) value predictions are proper now’s solely selecting up.
A few of this curiosity could also be because of recent news surrounding Litecoin’s rising mainstream enchantment. In the present day, it was reported that NASCAR driver Landon Cassill can be paid fully 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 might not appear unorthodox to these within the crypto investing group. Nonetheless, these exterior the group may 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 immediately, on this in any other case excellent news. Right here’s to hoping the deal hasn’t been signed but, or can be paid out at a median value over time. Nonetheless, I suppose that’s Mr. Cassill’s drawback from right here.
Regardless, let’s check out the place the specialists assume LTC is headed from right here
Litecoin (LTC) Value Predictions
For reference, LTC is at present buying and selling at $157.18.
- InvestingCube seems to have a quite extensive near-term vary for the place LTC might commerce. Certainly, this website suggests LTC might dip beneath $100 or above $240, relying on market situations from right here.
- LongForecast offers a one-year and three-year value goal for LTC of $345 and $119, respectively.
- Moreover, an fascinating put up 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 immediately 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.