DotBig: Forecast for Litecoin

Forecast for Litecoin

Introduction to LTC

Charlie Lee is an individual who came up with the idea of Litecoin in 2011. This project didn’t aim to solve some sophisticated technological issues — it focused on common problems, such as the time for transactions and commissions.

Is it bullish or bearish in 2022?

As of September 1, Litecoin is valued at $54.55, and its market cap is around $3.8 billion. Yet, it’s in the 21st place in the rating of coins by market cap.

  • In 2023, Litecoin’s cost is likely to show a big surge. We take into account the previous performance and assume that it will be valued at $101–120 in 2023.
  • If nothing rocks the industry by 2025, Litecoin is predicted to gain an average value exceeding $220.
Litecoin exchange rate for August 2022

Final thought

You shouldn’t consider this review as an investment recommendation. We just analyze the coin based on its previous performance. Remember that conditions in the crypto space can change anytime. Follow the news with us and make safe investments.

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DotBig Forex broker Reviews

DotBig Forex broker Reviews

The official online Forex account broker DotBig is a platform for online trading.