Litecoin (LTC) price prediction November 2024
What factors affect the price of Litecoin and what does the future hold for this long-standing cryptocurrency?
Key Insights
- 2024 price forecast: LTC expected to reach $86 by 2024, $147 by 2025, and $424 by 2030, according to panel averages.
- Peak and trough predictions: Panelists project a range of outcomes, with $125 (optimistic) to $40 (pessimistic) for LTC by end of 2024.
- Experts say speed is key to LTC's success: LTC remains attractive due to lower costs and faster transactions compared to Bitcoin, though Layer-2 solutions pose challenges.
- Buy, sell or hold: Half of the panel advises selling LTC now, while 31% recommend buying, and 19% suggest holding.
- Losing traction: LTC has dropped out of the top twenty cryptocurrencies on CoinMarketCap, leading to reduced media attention.
Finder asked a panel of 28 fintech specialists in October 2024 about their price predictions for Litecoin (LTC) through 2030.
Find out how much our panellists think LTC will be worth by the end of 2024, 2025 and 2030.
All prices mentioned in this report are in US dollars.
Litecoin price predictions for 2024, 2025 and 2030
On average, our panellists think LTC's price will hit $86 before 2024 is out.
They also expect the price of LTC to rise to $147 by 2025 and $424 by 2030.
Ben Ritchie, managing director at Alpha Node Global, says litecoin (LTC) will end 2024 worth $80 based on it being a "lite" version of BTC.
"Litecoin remains a lighter version of bitcoin, offering lower costs and faster transactions. However, its purpose could be challenged by the rise of Layer-2 solutions. Demand drivers include its similar halving cycle and the potential for institutional adoption as a bitcoin alternative."
Daniel Keller, the CEO of InFlux Technologies, gives one of the strongest projections for 2024 at $125 based on its solid history in the crypto space.
"Litecoin (LTC) is a strong decentralised project with a long history of reliability, fast transactions, and low fees. As one of the earliest cryptocurrencies, it continues to serve as a trusted asset in the crypto space. Its growth will depend on broader adoption and integration into payment systems."
John Hawkins, a senior lecturer at the University of Canberra, sees LTC falling to just $40 as "Litecoin has dropped out of the top twenty [cryptocurrencies] on CoinMarketCap. It already gets little media attention and will probably get less."
Is now the time to buy, sell, or hold LTC?
Half the panel (50%) say it's time to sell your LTC. However, just shy of a third (31%) see LTC as a value and say now is the time to buy, with the remaining 19% seeing LTC as a hold.
Meet the panel
Ajay Shrestha
Ajay Shrestha
Prediction
$110.00Buy/sell/hold
Holdback_handLTC has been around for a while as a faster, cheaper alternative to Bitcoin, making it a reliable choice for quick transactions. It's a solid project, but its growth potential is somewhat limited compared to coins like Ethereum, which have a broader range of uses. LTC is more focused on being a straightforward digital currency, so it doesn't have the same buzz as some other projects. These price predictions are just a rough guess based on its steady presence in the market, but like any crypto, things can change quickly.
Ben Ritchie
Ben Ritchie
Prediction
$80.00Buy/sell/hold
Holdback_handLitecoin remains a lighter version of Bitcoin, offering lower costs and faster transactions. However, its purpose could be challenged by the rise of Layer-2 solutions. Demand drivers include its similar halving cycle and the potential for institutional adoption as a Bitcoin alternative.
Jeremy Britton
Jeremy Britton
Prediction
$65.00Buy/sell/hold
Buyshopping_basket
Desmond Marshall
Desmond Marshall
Prediction
$75.00Buy/sell/hold
Buyshopping_basketLTC is where every BTC developer must start, before they can work on BTC. Even in the unlikely event that nobody uses LTC for transactions, developers will still have to buy it. LTC is the opposite of the canary in the coalmine. It is more akin to Doctor Copper, for those who know.
Kimberly Rosales Orbegoso
Kimberly Rosales Orbegoso
Prediction
$40.00Buy/sell/hold
SellsellLitecoin has dropped out of the top twenty on coinmarketcap. It already gets little media attention and will probably get less.
Johnny Gabriele
Johnny Gabriele
Prediction
$55.00Buy/sell/hold
SellsellBased on the current range of its price action.
Pedro Febrero
Pedro Febrero
Prediction
$125.00Buy/sell/hold
Buyshopping_basketLitecoin (LTC) is a strong decentralised project with a long history of reliability, fast transactions, and low fees. As one of the earliest cryptocurrencies, it continues to serve as a trusted asset in the crypto space. Its growth will depend on broader adoption and integration into payment systems.
Joseph Raczynski
Joseph Raczynski
Prediction
$100.00Buy/sell/hold
Holdback_handLitecoin is a well-established cryptocurrency with a strong track record, but its future price will depend on its ability to innovate and compete with newer, more advanced blockchains. The upcoming halving event could be a positive catalyst, but it's not a guarantee of price appreciation.
Damian Chmiel
Damian Chmiel
Prediction
N/ABuy/sell/hold
SellsellAgain without any fundamental catalysts or new use case, I do wonder how long these assets will remain in the top 20.
Ruslan Lienkha
Ruslan Lienkha
Prediction
$85.00Buy/sell/hold
Buyshopping_basketI don't see the point of LTC and only attribute price appreciation to it's tendency to somehow not die. It's the cockroach of crypto, it can't be stamped out and somehow always emerges from the darkness.
Ronen Cojocaru
Ronen Cojocaru
Prediction
$150.00Buy/sell/hold
Buyshopping_basketDid not provide comment
Simon Peters
Simon Peters
Prediction
$90.00Buy/sell/hold
Buyshopping_basketDid not provide comment
Alexander Kuptsikevich
Alexander Kuptsikevich
Prediction
$70.00Buy/sell/hold
Buyshopping_basketDid not provide comment
Jeremy Eng-Tuck Cheah
Jeremy Eng-Tuck Cheah
Prediction
N/ABuy/sell/hold
SellsellDid not provide comment
Gracy Chen
Gracy Chen
Prediction
N/ABuy/sell/hold
SellsellDid not provide comment
John Hawkins
John Hawkins
Prediction
N/ABuy/sell/hold
SellsellDid not provide comment
Ryan Gorman
Ryan Gorman
Prediction
N/ABuy/sell/hold
SellsellDid not provide comment
Miles Paschini
Miles Paschini
Prediction
N/ABuy/sell/hold
SellsellDid not provide comment
Daniel Keller
Daniel Keller
Prediction
N/ABuy/sell/hold
SellsellDid not provide comment
Dre Villeroy
Dre Villeroy
Prediction
N/ABuy/sell/hold
SellsellDid not provide comment
Karlo Bujas
Karlo Bujas
Prediction
N/ABuy/sell/hold
SellsellDid not provide comment
Pav Hundal
Pav Hundal
Prediction
N/ABuy/sell/hold
Holdback_handDid not provide comment
Ben Waterman
Ben Waterman
Prediction
N/ABuy/sell/hold
SellsellDid not provide comment
Henry Robinson
Henry Robinson
Prediction
N/ABuy/sell/hold
SellsellDid not provide comment
Josh Fraser
Josh Fraser
Prediction
N/ABuy/sell/hold
Holdback_handDid not provide comment
Lee Smales
Lee Smales
Prediction
N/ABuy/sell/hold
Buyshopping_basketDid not provide comment
Diego Apaza
Diego Apaza
Prediction
N/ABuy/sell/hold
Did not provide comment
Sitaram Kakarlamudi
Sitaram Kakarlamudi
Prediction
N/ABuy/sell/hold
Did not provide comment
Frequently Asked Questions
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.
More guides on Finder
-
How to buy Pepe (PEPE) in Australia
This guide provides step-by-step instructions on how to buy Pepe, lists some exchanges where you can get it and provides daily price data on PEPE.
-
How to buy Monero (XMR) in Australia
This guide provides step-by-step instructions on how to buy Monero, lists some exchanges where you can get it and provides daily price data on XMR.
-
How to buy Stellar (XLM) in Australia
This guide provides step-by-step instructions on how to buy Stellar, lists some exchanges where you can get it and provides daily price data on XLM.
-
How to buy Shiba Inu coin (SHIB) in Australia
Learn how to buy Shiba Inu in Australia with our simple step-by-step guide and tips on what to know before you get started.
-
How to buy Dogecoin (DOGE) in Australia
Learn how to buy Dogecoin in Australia with our simple step-by-step guide and tips on what to know before you get started.
-
How to buy Solana (SOL) in Australia
Learn how to buy Solana in Australia with our simple step-by-step guide and tips on what to know before you get started.
-
Dogecoin (DOGE) price prediction
Our panel is split on whether or not Dogecoin (DOGE) is worth investing in.
-
How to buy XRP (Ripple) in Australia
The easiest way to buy XRP in Australia is from a cryptocurrency exchange. Read our guide for a simple explanation of how to get started.
-
What is Dogecoin (DOGE)? From meme to mega market cap
Introduced as nothing more than a joke currency in 2013, Dogecoin has gained credibility over the years.
Ask a question