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Litecoin Price Prediction 2023-2032: Will LTC Price skyrocket?

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Litecoin Price Prediction 2023-2032

Why does Litecoin (LTC) halving matter? The Litecoin halving, an important event in the Litecoin monetary system, reduces the subsidy for each block mined by 50% for every 840,000 blocks. Litecoin’s next halving is supposed to take place in August 2023 and will see the rewards for miners drop again by another 50% to 6.25 LTC. Will the price of LTC asset rise after a halving?

Each halving theoretically reduces the rate of inflation and should push the price of the crypto upward. As of 2022, Bitcoin miners, or people who use their computers to participate in Bitcoin’s blockchain network as transaction processors and validators, were awarded 6.25 bitcoins (BTC) for each block they successfully mine. What has happened to Bitcoin since then?

Here’s the catch, on-chain data shows the Litecoin “mega whales” now hold around 15.4% of the total supply, the highest value in more than five years. The indicator of interest here is the “LTC Supply Distribution,” which tells us which wallet groups are carrying what percentage of the total supply right now. Let’s shine a light through the tunnel with this Litecoin price prediction guide. Well, not so much for Bitcoin where whales hold as much as 90%.

The world is going through a paradigm shift as cryptocurrencies stand at a decisive phase that will define their future. The same holds for Litecoin, which has been tumultuous as world politics are transforming the markets. Litecoin’s blockchain system came to the market as the facilitator of payments via the internet. Others like Bitcoin served the same purpose, but this one had some additional pros. It reduced the confirmation time, increased the transaction speed, and brought other additional features to make the transactions easier to handle.

Litecoin recovery looks short-lived when looked at from a broader perspective, where the general trend of the cryptocurrency is still aggressively bearish. What happens in the next few trading sessions depends on the general trend of the cryptocurrency industry. LTC is positively correlated with other cryptos, such as Bitcoin, which is currently pushing downwards, one of the largest altcoins in the market.

A safe prognosis would be: If the cryptocurrency industry continues to be aggressively bearish, there is a very high likelihood that the prices will also trade below the $40 support level. However, my analysis will be invalidated if prices move past the $55 price level, which is the price high of the past three trading sessions. At that point, the bullish trend will have been established.

How much is LTC worth?

Today’s Litecoin price is $88.40 with a 24-hour trading volume of $540,223,710. Litecoin is up 2.02% in the last 24 hours. The current CoinMarketCap ranking is #13, with a live market cap of $6,370,436,433. It has a circulating supply of 72,062,267 LTC coins and a max. supply of 84,000,000 LTC coins.

Also Read:

How about MWEB?

Mimblewimble’s integration into Litecoin came from the Mimblewimble Extension Block, also known as MWEB, which allows the network’s users to opt-in to confidential transactions. MWEB lead developer David Burkett, who the Litecoin Foundation has sponsored, said the upgrade improves Litecoin’s viability as a fungible currency that can be used for everyday transactions, pay employee salaries and even purchase real estate.

How will MWEB affect Litecoin’s price? Let’s observe as this scenario develops.

Is Litecoin silver to Bitcoin’s gold? There are many sides to this controversy, so let’s look at the tapestry of Litecoin developments and its potential for inclusion in your crypto portfolio.

What is Litecoin?

ITB Widget Example

Dubbed “the cryptocurrency for payments,” Litecoin is a virtual currency that seeks to facilitate online payments. Forked from the bitcoin blockchain in 2011, Litecoin was born to enable instant payments, something that Bitcoin could not do due to its slow transaction confirmation times.

Litecoin has been through considerable fluctuations that impacted its market. 2018 to 2022 shows that it went through several challenging phases. This time, as the issue of the Ukraine-Russia conflict is at its peak, the future of crypto seems to be a question. If there are no restrictions on the crypto market and its transactions, crypto will grow faster than expected. In contrast, if the opposite happens, it will affect the market because the main motive of this market is decentralization.

Litecoin’s bearish reversal pattern emerged when inflation in the United States surged to a three-decade high, prompting investors to seek a hedge across various financial instruments.

For instance, the most actively traded gold futures lately posted to their best week in six months, jumping 2.9% to $1,868.50 per troy ounce, after the U.S. Labor Department reported an increase in the consumer price index (CPI) by 6.2% year-over-year. That marked the fifth-straight month of inflation above 5%.

Litecoin has been one of the beneficiaries of the Bitcoin rally in the past months, with its one-year correlation efficiency with Bitcoin standing at 0.71 above zero.

Dubbed a bull pennant, the bullish continuation pattern appears when the price consolidates sideways inside a triangular structure after a strong rally upward. Traders confirm a bullish breakout when the price breaks above the triangle’s upper trendline with strong volumes.

Litecoin Founder

Charlie Lee developed Litecoin in 2011 as a lightweight alternative for Bitcoin. His vision was to create an altcoin with lightning transaction speeds and one favorable for miners.

Lee, an ex-Google engineer, announced the coin’s launch via the Bitcoin Forum.

He and other developers claimed their main intention was to build the Silver variant for Bitcoin. Both BTC and LTC coins share the underlying concept of Proof of Work.

Note: The proof of work ecosystem means that a digital coin is mined for creation, authentication, and verification. Upon which the coin is added to a blockchain or a decentralized public ledger.

Both Litecoin and Bitcoin share a few similarities. These include how the coin is created, stored, and mined. All the processes are similar but differ on the grounds of efficiency. Litecoin was created from a soft fork; rather than a hard fork. So what’s the difference between a hard fork and a soft fork?

A hard fork is a complete transformation of a blockchain’s protocols and rules, making old rules invalid and unworthy. A soft fork upgrades with new protocols that make software robust and backward compatible.

Benefits of Litecoin

Solve scalability – Charlie Lee and his team of developers thought BTC would face long-term performance problems if its blockchain technology would grow in traffic. And as a result, it introduces a plague of scalability issues, bottlenecks, and increased network fees. Litecoin is focused on delivering a highly sophisticated and scalable blockchain.

Boost performance speed – Litecoin is designed to be lightweight and fast. Its development challenged Bitcoin’s block size and the 10-minute block confirmation time. The developers wanted to change how scalability affects performance and solve such problems.

Relatively low transaction fees – we’ve seen the scalability issues affect both Bitcoin and Ethereum. Lately, both blockchains have been bleeding users due to high transaction fees. The high fees result from network congestion caused by increasing traffic. One of Litecoin’s core visions was to introduce lightning-fast transactions that were also cheap. The cost of transactions on the Litecoin network depends on block size as well as the size of the transaction.

Confidential transaction to boost network privacy – Litecoin’s developers are betting on building core privacy features to strengthen anonymity. The developers are planning to implement MimbleWimble to create single-chain transactions that are entirely obfuscated by third parties.

Cross-industry integration – Litecoin aims to increase its network and native coin adoption through the open software concept. Various merchants have already implemented the blockchain. Various merchants have already implemented the blockchain, accepting the currency for payment, gambling, or art.

Litecoin Technical Analysis and Price History

Let’s go down in history and look at what entails the coin’s history to make a reasonable Litecoin price forecast.

Litecoin price 2013 – 2016

Litecoin was trading at a daily price of $4.34 against the USD on its launch date. The price change was a downward correction towards $1.50 and remained within that price level until the wake of the initial Bitcoin bull run.

More and more people began to join the cryptocurrency market. The price of Litecoin and other altcoins followed in the bull run and spiked upwards. In 2014, Litecoin managed to hit a market price of $44 per piece.

Their stay above $40 was short-lived, and the coin came crashing downwards by 50% to $20 within a month. Throughout 2014, the cash crushed further and began trading within the single dollar range.

The coin created a lower bottom at $1.28 and then corrected to $4. A price range that it traded until Q1 of 2017.

Litecoin price 2017 and the bull cycle

There was newfound energy all around the cryptocurrency market at the beginning of 2017. Significant Price surges and BTC hit an all-time high of $20,000.

Litecoin, on the other hand, started at $4 and skyrocketed to $375 by the end of 2017. The key driving factors for crypto markets were injections by retail investors and congestion of newbies driven by FOMO during the bull market.

The price surge was spectacular. And most LTC price prediction analyses indicated all green.

In December of that year, Charlie Lee Twitter his decision to leave Litecoin. He said he would continue making network improvements and that his exit would not affect the market.

In the tweet, he explained he need not tie Litecoin to financial success. Hence, LTC was going to survive on its own.

Litecoin price 2018 – 2022

The bull run began to fade through the start of 2018. It wasn’t a good year for Litecoin, BTC, or other altcoins. The cryptocurrency platform became saturated with hacks, then ICO scams, and Litecoin (LTC) price drop below $200 was inevitable. It hit $74 by the end of June.

In December, Litecoin declined further and hit $23. After which, it ushered 2019 with a gradual uptrend that lasted until mid-July, when LTC was trading at $141.

The first half of 2019 saw a positive bullish performance for Litecoin. But heading into the third and fourth quarters, the altcoin slumped into a descending channel that formed lows between $35 – $42.

Finalizing 2019, Litecoin began an upward trend between October and November. This uptrend hit $59 by the 1st of 2020.

In the wake of the Covid-19 pandemic, the cryptocurrency market was trading sideways, and there were heavy plummets across all coins.

Litecoin traded below $70 for the better part of 2020 from March, until around December when it ended at a maximum price of $136.

So far, the number of Litecoin addresses has grown by a 6-8X rate since 2020.

This number of Litecoin addresses might keep growing in the future due to the cheap transaction fees of the network. Also, the numbers indicate the likelihood of a growing trading volume.

Litecoin Use Cases

PayPal and other large institutions might adopt Litecoin as the payment processing/transactions infrastructure.

In the long run, the dollar is going to the trash. Stores won’t accept cash. Soon banks won’t either. Your bank balance will be based on crypto in the back end while it will say it’s in USD. There is a lot of noise here.

Litecoin moves into these main supports established and initially bounced a little within as we go to press. Now, these levels are critical to holding and, if they have, will determine the further destiny of Litecoin.

In this case, when Litecoin manages to hold the supports and stabilize above to build up with bullishness, further stabilizations with the proper continuations can be expected above the descending resistance line marked in my chart in black.

Litecoin will close in the bullish stabilization zone and continue with further bullishness when it approaches this line.

Grayscale currently holds over 1.44 million Litecoin ($248.33 million), making it the firm’s third-largest crypto holding after Bitcoin and Ethereum. The firm is one of few services in the US that allows accredited and institutional investors to purchase cryptocurrencies.

The latest development is Litecoin has been approved to be used as a means of payment in the  OTR service stations. LTC is Now accepted at over 170 locations across Australia. The move comes as Litecoin looks to increase its merchant adoption.

This is a very positive development for Litecoin because it shows that businesses are starting to accept Litecoin as a form of payment. This is one of the critical things that need to happen for Litecoin to become more mainstream.

Where and how to buy Litecoin (LTC)

The first step is signing up on a cryptocurrency exchange. There are three types of cryptocurrency exchanges, significant exchanges, decentralized exchanges, and peer-to-peer exchanges.

So many trading exchanges exist in the crypto market. Examples of significant exchanges are BinanceCoinbase, and Kraken, among others. These exchanges allow you to purchase cryptocurrencies using either fiat or other cryptocurrencies.

Standard payment methods include PayPal, debit/credit cards, etc. Sign up at either of these and purchase your first Litecoin (s).

Decentralized exchanges allow users to purchase and trade digital tokens. We wouldn’t recommend a DEX when buying Litecoin.

Using local payment methods, you can trade digital coins with other traders within the Peer Peer cryptocurrency exchange platform. An excellent P2P exchange that supports Litecoin is LocalCrypto.com.

Like most P2P exchanges, the platform supports only a few types of coins. Local crypto supports Litecoin, Dash, BTC, and Ethereum. You can exchange coins with other platform users such as BCH, BTC, ETH, or XRP holders.

Litecoin New Developments

The Litecoin development team has recently announced an MWEB feature that would allow users to make confidential transactions. The MWEB is an upgrade that grants users a new opt-in feature – confidential LTC transactions.

Besides processing speed, there’s the issue of supply. While Bitcoin is capped at a maximum supply of 21 million coins, Litecoin is capped at 84 million coins. How will these be addressed by the coming halving?

As its name suggests, Litecoin was originally created to improve several of Bitcoin’s perceived shortcomings, such as slow transaction processing speeds and mining monopolies. LTC is built to be used in everyday transactions, whereas Bitcoin has evolved into more of a “store of value.” Is Litecoin measuring up to its name?

The goal of launching Litecoin was to improve Bitcoin in a few different ways. For one, Lee developed a new hashing algorithm for Litecoin called Scrypt (pronounced S-crypt). The simpler algorithm supported Litecoin’s faster transaction speeds. Litecoin’s transaction processing speed is 54 per second—and new blocks on the Litecoin blockchain can be created about every 2.5 minutes.

While Litecoin still requires a minimum of six confirmations from most exchanges to be considered irreversible, peer-to-peer (P2P) crypto payment networks can often settle Litecoin transactions almost immediately. At the time of this writing, Bitcoin transaction fees were significantly higher, at around 3.92% on average, compared with Litecoin’s transaction fees of roughly 0.06%.

Litecoin Technical Analysis

Litecoin Price Prediction 2023-2032: Will LTC Price skyrocket? 1

Litecoin price analysis shows rising signs as the market shows massive upside potential. The bulls have regained their control of the Litecoin market, which will change the course of the market for the better, and LTC now expects the bullish period to take over in the next few days. However, the bears will do everything they can to regain control. As a result, the LTC price has experienced extremely increasing dynamics in the last few hours.

Litecoin price analysis illustrates that the present condition of the market demonstrates bullish potential as the price moves upwards. Moreover, the market’s volatility follows a decreasing movement, making the cryptocurrency less susceptible to volatile change on either extreme. As a result, the upper limit of Bollinger’s band rests at $89.10, serving as the strongest resistance point for LTC. Conversely, the lower limit of Bollinger’s band is present at $62.75, serving as a support point for LTC.

The LTC/USD price travels over the Moving Average curve, indicating the market is following a bullish movement. However, as the market experiences decreasing volatility today, the Litecoin price has less room to preserve the positive trend. However, the LTC/USD price seems to move toward the retraced resistance, signifying an increasing market with consistent dynamics.

Litecoin price analysis reveals that the Relative Strength Index (RSI) score is 77 making the cryptocurrency enter the inflation region. Furthermore, the RSI score moves further upwards, indicating that the buying activity dominates the selling activity while moving towards further inflation.

Litecoin price analysis shows bullish momentum and further bullish opportunities. Moreover, the bulls have shown their deterrence and might take control of the market soon for the long term as the market shows massive signs of any change. Therefore, according to this analysis, Litecoin is expected to have a promising future, with the bulls taking the bears completely out of the picture.

Litecoin Price Predictions by Cryptopolitan

Litecoin Price Prediction 2023-2032: Will LTC Price skyrocket? 2
YearMinimum PriceAverage PriceMaximum Price
2023$121.12$125.43$143.89
2024$182.62$187.64$217.05
2025$265.91$275.29$313.35
2026$374.74$388.50$459.44
2026$538.11$553.65$645.87
2028$746.07$773.76$937.12
2029$1,137.87$1,168.82$1,320.28
2030$1,668.07$1,714.82$1,910.22
2031$2,375.18$2,443.78$2,882.08
2032$3,452.47$3,550.22$4,191.50

Litecoin Price Prediction 2023

Litecoin’s price prediction for 2023 by Cryptopolitan expects an overall bullish trend leading to a maximum price of $143.89, indicating a significant gain on the current price. We also anticipate a minimum value of $121.12 and an average market price of $125.43. Their new developments and frequent updates could influence the price of the cryptocurrency.

Litecoin Price Prediction 2024

LTC is forecasted to attain a maximum price of $217.05 based on our Litecoin price forecasts for 2024. Investors can expect an average price of $187.64, with its lowest possible price set at $182.62. If Litecoin seals new partnerships with other major blockchain networks, investors will have easy accessibility to the token, thereby increasing its adoption and market price.

Litecoin Price Prediction 2025

Our Litecoin token price prediction for 2025 anticipates Litecoin to reach a maximum price of $313.35 by the end of the year. A minimum price of $265.91 and an average price of $275.29 are expected. With a higher adoption of blockchain-based applications in the future, LTC could see an enormous increase in price.

Litecoin Price Prediction 2026

LTC is anticipated to have an overall bearish market based on our Litecoin price prediction for 2026, leading to a maximum price of $459.44 and a minimum price of $374.74, respectively. An average market price of $388.50 is expected. Crypto volatility and market restrictions are forces that lead to these low prices.

Litecoin Price Prediction 2027

According to our Litecoin token price prediction for 2027, LTC investors will record huge profits, as the cryptocurrency could reach a peak price of $645.87. Throughout the year, Litecoin is assumed to maintain an average price of $553.65 and a minimum price of $538.11. Due to reduced fees, transparency, security, as well as faster transactions, Litecoin could witness a surge in price.

Litecoin Price Prediction 2028

Based on our Litecoin LTC price prediction for 2028, LTC could trade between a minimum price of $746.07 and a maximum price of Litecoin Token of $937.12. The expected average price is $773.76. Being one of the best-performing digital coins in the crypto market, there would be a huge demand for the token in the future, leading to a massive increase in price. 

Litecoin Price Prediction 2029

According to our Litecoin prediction for 2029, LTC will trade at a maximum price of $1,320.28, indicating an increase in the current price up to a significant degree. The digital coin is expected to maintain an average trading value of $1,168.82 and a minimum price of $1,137.87 throughout the year.

Litecoin Price Prediction 2030

According to our Litecoin price prediction for 2030, LTC is predicted to attain a maximum price of $1,910.22. We also anticipate a significant increase in the price support level leading to a minimum price of $1,668.07 and an average market price of $1,714.82.

Litecoin Price Prediction 2031

LTC price prediction is expected to maintain an overall bullish trend leading to a peak price of $2,882.08 based on our Litecoin price prediction for 2031. The price indicates a significant increase in the current market price. An average price of $2,443.78 and a minimum price of $2,375.18 is expected. The digital coin has huge potential that could attract many users, influencing these high prices.

Litecoin Price Prediction 2032

Our Litecoin price prediction for 2032 indicates an incredibly high increase in the price of the cryptocurrency; Litecoin is expected to have a fully bullish year with loads of upside fluctuations. Keeping this in mind, the maximum price of Litecoin in 2032 is expected to be $4,191.50, with an average trading price of $3,550.22 and a minimum price of $3,452.47.

Litecoin Price Prediction by CoinPriceForecast

In 2023, the price of LTC started at $149.11. By the end of 2025, the price of Litecoin is expected to be $183.36, with a +170% year-over-year change. The price of Litecoin will increase to $125.09 in the first half of 2023; in the second half, it will increase by $28.15 and end the year at $153.24, which is +126% of the present price.

Litecoin Price Prediction by DigitalCoinPrice

According to DigitalCoinPrice, the currency should reach $82.39 somewhere in 2022. According to the same website, the coin could be worth about $93.42 in 2023 before rising to $116.44 in 2025. According to the website, Litecoin will cost around $289.70 in 2030 and an average of $332.05 in 2031.

Litecoin Price Prediction by Coin Codex

One technique to forecast the long-term direction of the Litecoin price is to compare it to other significant technical advancements and trends. The table above illustrates where the price of Litecoin would be at the end of the years 2024, 2025, and 2026 if its development trajectory had been in line with that of the internet or the expansion of major IT firms like Google and Facebook. In the best-case scenario, assuming the LTC price follows Facebook’s growth, it will reach $1,431.61 in 2026. The forecast for Litecoin in 2026 would be $164.23 if it followed the expansion of the Internet.

Litecoin Price Predictions by Industry Experts

  • Santiment
Litecoin Price Prediction 2023-2032: Will LTC Price skyrocket? 3

The cryptocurrency market is growing as most of its assets recover from a crisis brought on by FTX’s liquidation. LTC/USD has made progress and is displaying indicators of future development.

The recent price improvements in Litecoin are an indication that the decentralized finance (DeFi) currency may rise above $100, according to a tweet sent on December 5 by an alias of a crypto trading specialist dubbed Bitcoin Bull. On December 5, Santiment, a platform for market analytics in the bitcoin space, tweeted as well. The essay claims that three weeks ago, Litecoin had the greatest transfer of inactive tokens in four years and a decline in the age of average token investments, both of which are “ingredients for bullish breakouts.”

The tweet further claimed that the jump beyond $83 and the notable 8% gain were mostly caused by the movement of inactive tokens in sizable wallets that have been accumulating and keeping LTC for months. In the past, the movement of inactive coins signaled an increase in selling pressure across the board. But Santiment’s analysis does not depend on how the LTC/USD moves. Meanwhile, the value of the LTC/USD pair is increasing.

  • Michael Saylor

Michael Saylor, a crypto analyst, thoroughly analyzes Litecoin and other cryptocurrencies. He gives an analysis of the price movements and possible future directions.

YouTube video

“The litecoin network is the most secure its ever been since it launched in 2011.”

@Lite_hause

“Litecoin has arguably seen better decentralisation than some of the other payment networks.”

@MillaLiraj 
YouTube video

Conclusion 

Litecoin has had a bad start this year, but this has been the outlook for the entire cryptocurrency market. Litecoin operates in a highly competitive space with new blockchains emerging with near-zero cost payments. To make it in this space there is a need for innovation and scaling of the Litecoin foundation.

Litecoin has been trading since 2011 and is an established top-10 coin. Meaning that it is a popular choice for investors. If a cryptocurrency has a high trading volume, it means you will have no problems finding buyers to sell to. If there are low trading volumes, it means you could find it difficult to find a buyer!

There is no reason why the current state of the cryptocurrency market, which has been aggravated by the de-pegging of TerraUSD and the failure of LUNA, cannot reverse the downward pull at some time in the future. Optimistic predictions made above, together with the fact that there is still some time until it reaches an all-time high, imply that LTC has some room for development. However, there is also a chance of a crash or, worse, a period of stagnation. Keep in mind that the price of cryptocurrency is extremely volatile and can rise as well as fall.

Litecoin might never regain the glory it once had as one of the top altcoins on the market. However, that doesn’t mean that it doesn’t have a place in the crypto world. For those who are looking to invest in Litecoin for the long haul, it might be a good idea to HODL onto your LTC and see how the market develops over the next few years.

The long-term Litecoin price predictions are very optimistic, and the cryptocurrency is expected to reach new all-time highs. However, short-term price movements are very volatile, and it is hard to predict where the price will go. The best thing to do is to keep an eye on the market and watch for any significant news developments that could impact the price of Litecoin.

Always keep in mind that Litecoin price predictions are not a replacement for your own research. Due diligence must be done before investing in digital assets when they have been trading near record highs, especially after there has been a drop since cryptocurrencies may be quite volatile.

Before you invest in Litecoin, read up on cryptocurrency wallets and how to buy crypto. Speak with a financial planner about how much you could realistically invest in cryptocurrency based on your unique financial goals. However, if you like the project, why don’t you try other ways of earning, like staking? Learn more about investing from our GUIDES.

<em><strong>Disclaimer</strong>. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.</em>

FAQs

Which is the best wallet to store Litecoin (LTC)?

The LITE wallet is the best for Litecoin

Will the Litecoin price reach $1000?

Yes, the LTC price is expected to reach $1000 by 2029, provided the investors turn to the asset and it finds more use cases.

Is Litecoin better than Bitcoin?

Litecoin has better technology than Bitcoin. Litecoin's blockchain is 4X faster than Bitcoin's. BTC takes an average minimum of 10 minutes to verify a block of transactions thoroughly. Litecoin takes 2.5 minutes. The mining process of Litecoin is more straightforward than BTC. The former uses the Scrypt algorithm, which is considered less complicated than Bitcoin's SHA-256. This means that the blockchain and technology of Litecoin are efficient, fast, and scalable compared to Bitcoin.

Will the price of LTC go up?

The price of Litecoin (LTC) will go up. As the market capitalization and volume of the coins keeps rising, the cost of Litecoin will also keep increasing. Most Litecoin forecasts indicate the price will increase. And as of now, the price movement of the coin suggests a bullish trendline.

Is Litecoin the future of cryptocurrencies?

Charlie Lee intended to create a lightweight alternative for Bitcoin. Much in the same way that Silver is a cheaper alternative for GoldGold. He achieved this through a soft fork on the original bitcoin blockchain and created even better rules for the coin.

How is LTC mined?

Purchase mining equipment – Purchase ASIC mining hardware for Litecoin. Litecoin mining did not demand much power in the past, and people using average CPUs/GPUs had chances of winning block rewards. See the full Litecoin mining discussion here: https://www.cryptopolitan.com/litecoin-mining/

How do I sell Litecoins?

You can sell your Litecoins through a trading exchange or peer-to-peer exchange. Just enroll in either Coinbase or Binance and sell your cryptocurrencies to other traders on the platform. Other Litecoin owners on the network can also sell you the digital currency at your convenience. You can also trade the coin for other currencies such as Bitcoin, bitcoin cash, and so forth.

Is Litecoin a good investment?

Yes, Litecoin is a good investment. In terms of the potential to be adopted and the volume of supply of the coins. The coin is fated to bring more people into the cryptocurrency industry, increasing its market cap and skyrocketing the price of the digital asset.

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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