Our Litecoin Price Prediction for 2018

Our Litecoin Price Prediction for 2018

Litecoin is interesting since it’s sort of an advancement to Bitcoin. In this article, we’re going to discuss our Litecoin Price prediction for 2017. The currency has a much higher eventual supply which solves the issue of scarcity and scalability that Bitcoin may have in the future. The average block time is also 2.5 minutes, four times faster than Bitcoin. It was really made to be one of the currencies which will be used when cryptos become mainstream. Litecoin has been called the silver to Bitcoin’s gold.

The idea is that you could technically pay with gold but it’s easier to pay in silver. That’s why we have high hopes for Litecoin. Just yesterday, Litecoin hit its all-time-high of $80 and it’s steadily maintaining $70. Along with Litecoin reaching $80, Bitcoin also saw an all-time-high yesterday. What does this mean for the crypto market?

Will Litecoin Continue to Grow?

Interestingly, with the prediction of Moas, we’ve been expecting to see a rise in the crypto market overall. When his prediction came out, there were a lot of speculators who denied his claim that “Bitcoin will reach $5000 in the next few months”, as he said, a few months ago. To our surprise, the total market cap of cryptocurrencies has crossed $150 billion yesterday.

The important part of the project is that the project has a solid idea and the currency is well designed to be perfect for a future mass adoption of cryptocurrency. If that does happen, we can definitely expect Litecoin to be one of the leaders in the market.

Based on the Litecoin price prediction that we saw above, the long term trend of Litecoin indicates an upward trend in the future. Thus, I think it’s a great time to invest just because the price of a Litecoin is around $70. This price might climb up to over $5000 just like Bitcoin did. The difference is that nobody expected Bitcoin to climb so high; with the benefit of hindsight, we can assume that it might climb as high as well.

Purchase Litecoin Now!

Coinbase offers one of the fastest services for people buying, exchanging and trading bitcoins. The website is has a great user interface, including an automated chatbot which can help users in all aspects of the website. It also offers real-time graphs and analytics free of cost, so that you can monitor your investment grow day by day. The exchange also offers a free online wallet for your bitcoins on the creation of a free account! Coinbase has many security measures in place in order to secure your bank credentials and your online wallet. All of these security concerns and measures make sure that Coinbase is quite safe to use for the average Bitcoin enthusiast.

With our Litecoin price prediction, we hope that you will be able to invest wisely and are able to turn a profit soon! 

If you already own some Litecoins, don’t forget to protect them with a hardware wallet. Read our Ledger Blue Review or our Ledger Nano S review in order to find the wallet that fits your needs.

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About Article Author

Michael Serrano
Michael Serrano

Michael is an engineer and a bitcoin evangelist. He has been involved in cryptocurrencies since 2013. His biggest wish? 1 billion users of bitcoin, ether and litecoin by 2020. In the last 10 years he has worked for various early-stage start-up as a back-end developer.

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