Litecoin Price Prediction: LTC Expected To Hit $1000 in 2018 (LTC Price Prediction 2018)

You have not selected any currencies to display

Litecoin came into play back in 2011 to help solve common issues and flaws found in Bitcoin. As a result, Litecoin was created to provide a more abundant supply of coins, a total of 84,000,000 coins to be expected, compared to the 21,000,000 cap of Bitcoin.

Furthermore, the amount of time needed to execute a transaction with LTC is four times lesser than the time required to carry out the same transaction using BTC. This greatly minimized the time of transactions, and the coin has other great potentials too.

Litecoin Price Today: Current Price of LTC


At the time of writing, Litecoin is the 6th most valuable digital currency in the market based on market cap. The current value of the digital currency is $99.67 after a decrease of 6.7 percent in the last twenty-four hours. Litecoin has a market cap of $6.11 billion with a trading volume of $331.19 million in the last twenty-four hours.

SEE ALSO:   Long-Term Price Analysis of Litecoin: LTC Still Facing Resistance at the $100 Mark – Litecoin Price Analysis June 17

The Adoption Rate of Litecoin (LTC)

Litecoin, as well as other digital currencies, are tied to Bitcoin, so if the usage of Bitcoin increases, the adoption of other digital currencies will also increase. On the other hand, with both Lightning Network and SegWit activated, LTC has the potential to scale and gain a lot of adoption far beyond what Bitcoin is capable of. Litecoin exchanges hands much quicker than Bitcoin, and it does this at a very low cost.

The Value of Litecoin (LTC) to Hit $1000 by the End of This Year

At the end of November last year, Litecoin (LTC) was trading at $313. A couple of months back, the digital currency was trading at almost $200. If the adoption rate of Litecoin increases, its value will definitely go up.

SEE ALSO:   Litecoin Price Analysis: LTC Broke the Critical Support Level at $107 (Litecoin (LTC) Technical Price Analysis Today)

Along with the general price movement of digital currencies and the adoption rate, a proportionate increase in the number of developers working on it is expected, and this should cause the price of the coin to skyrocket.

For all these reasons, it shouldn’t be a surprise that the value of the digital currency is expected to hit the $1000 mark, or even surpass it.


Legal Disclaimer: The content of this website ( is intended to convey general information only. This website does not provide legal, investment, tax, etc advice. You should not treat any information on as a call to make any particular decision regarding cryptocurrency usage, legal matters, investments, taxes, cryptocurrency mining, exchange usage, wallet usage, initial coin offerings (ICO), etc. We strongly suggest seeking advice from your own financial, investment, tax, or legal adviser. Neither nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from

SEE ALSO:   Ripple can be the dark horse cryptocurrency of 2018: Ripple Price Predictions - XRP Price Today -Price Prediction Today

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get Smart About Crypto!

Promise we won’t spam you!

We Are Hiring

Click here if you would like to join one of the fastest growing blockchain news companies in the world!