{"id":11082,"date":"2021-08-17T03:54:09","date_gmt":"2021-08-17T03:54:09","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/finders-expert-panel-suggests-litecoins-price-to-spike-more-than-40-266-per-ltc-by-years-end\/"},"modified":"2021-08-17T03:54:09","modified_gmt":"2021-08-17T03:54:09","slug":"finders-expert-panel-suggests-litecoins-price-to-spike-more-than-40-266-per-ltc-by-years-end","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/finders-expert-panel-suggests-litecoins-price-to-spike-more-than-40-266-per-ltc-by-years-end\/","title":{"rendered":"Finder\u2019s Expert Panel Suggests Litecoin\u2019s Price to Spike More Than 40%, $266 per LTC by Year\u2019s End"},"content":{"rendered":"

The product comparison website Finder has published a report that polled 42 financial technology (fintech) specialists and found the average forecast from the group indicates they believe the crypto asset litecoin will be worth more than $200 by the end of 2021. The crypto asset launched by Charlie Lee in 2011, has been trading for prices between $175 and $187 over the last three days.<\/strong><\/p>\n

Average Prediction Among 42 Fintech Specialists Say Litecoin Will Tap $266 by the End of 2021<\/h2>\n

In recent times, Bitcoin.com News has reported on forecasts concerning the price of bitcoin (BTC<\/a>), ethereum (ETH<\/a>), and dogecoin (DOGE) via finder.com polls. For instance, Finder\u2019s expert panels suggest DOGE prices will hit $1.21 by 2025 and $3.60 by 2030<\/a>. Additionally, another panel report from finder.com shows experts believe ether\u2019s value will reach $4.5K this year and $18K by 2025<\/a>. The Finder panel with 42 fintech candidates that discussed litecoin (LTC)<\/a> shows most panelists agree, LTC<\/a> is predicted to be worth $266 by the end of the year.<\/p>\n

However, since the rise of a number of different crypto assets, LTC<\/a> has lost its place within the top ten market capitalization positions. The crypto asset was a top ten contender for at least a decade but in recent times it has been pushed down by competitors. Today, LTC<\/a> rests in the 14th position in terms of market capitalization with a $12.53 billion market cap. Finder\u2019s panelists don\u2019t believe litecoin can make it back into the top ten and 76% of the fintech experts think that it won\u2019t.<\/p>\n

The Finder\u2019s panel, that discussed litecoin (LTC)<\/a> predictions, included Sagi Bakshi the CEO of Coinmama, Joseph Raczynksi the technologist from Thomson Reuters, and the University of East London Senior Lecturer, Dr. Iwa Salami. 81% of the finder.com panelists say litecoin is losing relevance. However, one individual was a lot more bullish toward LTC<\/a> than the rest of the panel, and told Finder that his predictions for each year included \u201c$900, $3,000 and $6,000.\u201d<\/p>\n

<\/p>\n

A Third of Panelist Think Charlie Lee\u2019s Litecoin Sale Tarnished the Coin\u2019s Image<\/h2>\n

John Hawkins, the senior lecturer at the University of Canberra, gave Finder the lowest price forecast for LTC<\/a> and his prediction is around $80 per unit. \u201cLitecoin now has little media profile and seems to offer no advantage over bitcoin,\u201d Hawkins stressed. The CEO of Allnodes, Konstantin Boyko-Romanovsky, said that LTC<\/a> will be $180 by the year\u2019s end and worth more than $300 by 2025.<\/p>\n

\u201cThe price of Litecoin does not always seem to correlate with the price of Bitcoin, which is very interesting to observe. However, it makes it even harder to predict LTC<\/a>\u2019s price 10 years down the road,\u201d the Allnodes executive said.<\/p>\n

15% of the Finder panelists think LTC<\/a> can make the top ten again by the year\u2019s end. A third of the whole group said that Charlie Lee\u2019s LTC<\/a> sale \u201ctarnished litecoin\u2019s reputation.\u201d Still, some believe that LTC<\/a> has brand recognition and the co-founder of Trade the Chain, Ryan Gorman\u2019s outlook is on the bullish side.<\/p>\n

\u201cPeople new to the space will continue to trade Litecoin because it is always one of the first crypto assets added to new on-ramps like Paypal, Venmo, etc. That built-in support should help it continue to gain value despite being mostly irrelevant,\u201d Gorman remarked. The report published on finder.com can be read in its entirety here<\/strong><\/a>.<\/p>\n

What do you think about finder.com\u2019s litecoin prediction panel? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n

Bitcoin News
\nAltcoins, $266 per coin, 40% gain, 42 Panelists, Allnodes, charlie lee, Forecasts, John Hawkins, Konstantin Boyko-Romanovsky, litecoin (LTC), Litecoin Markets, losing relevance, LTC, Markets, Predictions, Prices, Ryan Gorman, University of Canberra<\/p>\n","protected":false},"excerpt":{"rendered":"

The product comparison website Finder has published a report that polled 42 financial technology (fintech) specialists and found the average forecast from the group indicates they believe the crypto asset litecoin will be worth more than $200 by the end of 2021. The crypto asset launched by Charlie Lee in 2011, has been trading for…<\/p>\n","protected":false},"author":0,"featured_media":11083,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-11082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/11082"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=11082"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/11082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/11083"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=11082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=11082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=11082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}