Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
Finder asked a panel of 31 fintech specialists in October 2023 about their price predictions for Litecoin (LTC) over the next 7 years.
Find out how much our panelists think LTC will be worth by the end of 2023, 2025 and 2030.
All prices mentioned in this report are in US dollars.
Litecoin price predictions for 2023, 2025 and 2030
On average, our panelists think LTC’s price will hit US$70 before 2023 is out.
They also expect the price of LTC to rise to US$184 by 2025 and US$430 by 2030.
All of these predictions are more bearish than those from our April 2023 survey, in which our panelists felt LTC would hit US$126 by 2023, US$269 by 2025 and US$853 by 2030.
"Litecoin could maintain its role as a digital counterpart to Bitcoin, often referred to as 'digital silver,' which we believe may retain value over time," Ben Ritchie, managing director of Digital Capital Management Pty Ltd, says.
Ryan Grace, head of tastycrypto, also believes there's still some hope for LTC.
"I believe network effects and increased adoption over time will ultimately contribute to an increase in market cap over the coming years," Grace says.
But not all of our panelists believe LTC's price will rise much higher in the long run.
Martin Froehler, CEO or Morpher, doesn’t see LTC's price rising beyond $100 by the end of 2030.
"Litecoin does not have a unique value proposition or use case," Froehler says.
Is now the time to buy, sell or hold Litecoin (LTC)?
Almost two-fifths (38%) of our panelists think it's time to sell LTC, while the same percentage of our panelists believe it's time to hold the asset.
Only a quarter of our panelists think it's time to buy LTC.
Pav Hundal, lead market analyst at Swyftx thinks it's time to sell LTC.
"While optimism is excellent, there must be more fundamental wins for the project to see significant price appreciation," Hundal says. "This could be anything from a new major partnership with a well known brand, or a complete pivot and rebrand towards a gap in the market."
Ben Ritchie sees LTC as a hold.
"While short-term potential gains appear modest, the price of Litecoin might align with Bitcoin's trajectory as more users adopt it, benefiting from network effects and exhibiting similarities to Bitcoin's price movement," Ritchie says.
And Jeremy Britton, CFO at Boston Trading.co, believes it's time to buy LTC, as Litecoin still serves a specific purpose.
"Every innovation on BTC must first be tested on LTC," Britton says. "Litecoin will continue to have new features before Bitcoin adopts them, and developers will always favor LTC."
As the Lightning Network and other Layer 2 networks for Bitcoin are improved upon and enter the market, will Litecoin still be necessary?
Almost half (42%) of our panelists are unsure if Litecoin will still be necessary as more advancements are made and come to market on Bitcoin Layer 2 networks.
Just over a third (35%) of our panelists feel that Litecoin won't be necessary in the wake of more Bitcoin Layer 2 advancements.
And just under a quarter (23%) of our panelists believe there will still be a use case for Litecoin even as Bitcoin Layer 2s advance.
"The Bitcoin Lightning Network will hinder any growth for Litecoin," Joseph Raczynski, futurist at Joe Technologist, Consulting and Media, says. "Litecoin will likely always be around, but as an ant's shadow compared to the usage and relevance of Bitcoin."
Paul Levy, senior lecturer at the University of Brighton, believes Litecoin will remain relevant for the foreseeable future because "Layer 2 [Bitcoin] networks have yet to prove themselves over time," he says.
Ruadhan O, creator at Seasonal Tokens, believes Litecoin will stay relevant but not because of whether or not Bitcoin Layer 2 advancements succeed.
"Faster Bitcoin payments [with Bitcoin] won't have any effect on Litecoin's price," O says. "Litecoin will still have halvings that take place about a year before Bitcoin's. It will be an asset whose scarcity starts to affect the market before Bitcoin's does, providing an investment option during the periods when Bitcoin's price isn't moving."
Will the growing optimism among long-term LTC investors trigger a price rebound?
Almost half (44%) of our panelists don't believe that the optimism of long-term LTC investors will be enough to trigger a price rebound.
Just over two-fifths (41%) are unsure if this optimism is enough, while only 15% believe it is.
"Current long-term investors' optimism is not enough to boost the price," Ruslan Lienkha, chief of markets at YouHodler, says. "LTC needs new investors' capital inflow to trigger a price rebound."
John Hawkins, senior lecturer at University of Canberra, also doesn't think this optimism will be enough to boost LTC's price.
"There are many better payment instruments," Hawkins says.
Mitesh Shah, founder and CEO at Omnia Markets, Inc. feels differently, though.
"The growing optimism among long-term LTC investors, combined with the continued whale buying activity, could spark a price rebound for Litecoin," Shah says.
Meet our panel
Finder surveyed 31 fintech specialists in October 2023. Panelists are able to answer as many or as few questions as they like, meaning the number of responses received varies by question. 21 panelists gave their price prediction for LTC by year-end 2023, 2025, and 2030. Panelists may own some cryptocurrencies, including LTC. All prices are listed in USD per LTC.Changes to methodology: In 2021, this research was conducted using the simple mean of all answers supplied to Finder. From 2022, we switched to using the truncated mean, with the top and bottom 10% of responses removed in order to attain a more consistent result. Any 2021 results quoted in this analysis have also been re-calculated using the truncated mean.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
Hide
Sign up for the Finder newsletter
We know what the best deals in personal finance on the market are at all times, and now you will too.
Frank Corva is business-to-business (B2B) correspondent for Bitcoin Magazine and formerly the cryptocurrency writer and analyst for digital assets at Finder. Frank has turned his hobby of studying and writing about crypto into a career with a mission of educating the world about this burgeoning sector of finance. He worked in Ghana and Venezuela before earning a degree in applied linguistics at Teachers College, Columbia University. He also taught writing and entertainment business courses in Japan and worked with UNICEF in Namibia before returning to the US to teach at universities in New York City. Earlier in his career, he spent years working as a publicist and graphic designer for record labels like Warner Music Group and Triple Crown Records. During that time, he was also a music journalist whose writing and photography was in published in Alternative Press, Spin and other outlets. See full bio
As part of Finder’s October 2024 Cryptocurrency Prediction Report, we asked a panel of 28 experts who they thought was the most crypto friendly candidate.
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser Disclosure
Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
