Litecoin crosses $100 USD mark again in May 2019 and this milestone is remarkable because Litecoin is one of the tough competitors of Bitcoin, but now things are changed because Litecoin showing continuous growth in price since 11th December 2018, as on this day LTC was trading at $23.91 USD which was the lowest price observed since Rising of cryptocurrency, so looking at current situation of crypto market where many of top 100 highest market cap holder list showing inconsistent growth Litecoin is on another level because from $29 USD to $101 USD with growth percentage of 244% in less than 5 months and this growth is really huge, because 2018 we have seen dominance of cryptocurrency and also fall of cryptocurrency, as many of coins are still recovering from this but Litecoin is continuously working on better technology with this they working on mining and transaction time, speed with security.
Litecoin’s highest price till now is $366 USD which was achieved in December 2017 and after this there is a huge loss in price because cryptocurrency crash happen but during this period litecoin showing some fight in February 2018 also LTC price was raised from $108 USD to $242 USD and then again in April 2018 price show unexpected growth from $114 USD to $170 USD, so after looking at this record we can surely in Crypto market Litecoin knows to survive and will be the great choice as investment, as there was time Litecoin was in the top 3 highest market cap list, but due to price and less maximum supply of coins at one point transaction almost paused in that situation people are in queue of buying Litecoin and there is no supply available, after Litecoin some new option was rising Ripple, so just because sudden growth in buyer Ripple prices started pumping and also Ripple price was below $1 USD, so again Ripple secure top 3 Spot and still ruling.
2019 is turning out be biggest year for Litecoin so far
because they already shows 200+% growth rate and graph is showing always showing
upward arrow and also as compare to down ward arrow which last for maximum 4 to
5 days, so with less worry they gaining lots of new partnership and continues
to improve security, as many expert believe that this unreal growth is just
because of mining reward from 12.5 to 25 LTC for miners, as mining was one of
trending topic in 2017, but after cryptocurrency crash miners showing lesser
interest and during this exciting offer of reward is enough to get attention
from investor because 1 LTC worth more than $100 USD is huge and also mining
time of each Litecoin Block is 30% faster than Bitcoin so this could be biggest
reason why LTC rocketing upward, now considering current growth rate and reward
offer we have set some price prediction below.
Month & Year
Price Prediction in USD
LTC Price Prediction 2020
2020 is really important year for cryptocurrency future and
in that Litecoin will secure place in top 3 highest market cap holder coins
list and now talking about price prediction then at beginning of 2020 LTC
Prices will cross $150 mark then continue to dominate because in less than 2
months again LTC will reach $200 USD mark and there will be pumping and dumping
in price till end of 2020 and during August to September 2020 again $250 USD will
also be possible, so if you planning to Buy Litecoin at Price Below $80 USD
then that will be great deal for you, because after you buy at $80 USD and at
some point Litecoin cross $200 USD mark then you will get 150% or more growth
percentage in cryptocurrency market.