Litecoin (LTC) Price Predictions: How High Can NASCAR Deal Take LTC?

As cryptocurrency markets proceed to fluctuate wildly, it appears buyers solely turn out to be extra intrigued by these digital cash and tokens. For buyers in Litecoin (CCC:LTC-USD), this enthusiasm seems to be warranted. Certainly, curiosity in what the professional Litecoin (LTC) value predictions are proper now could be solely selecting up.

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A few of this curiosity could also be resulting from recent news surrounding Litecoin’s rising mainstream enchantment. At this time, it was reported that NASCAR driver Landon Cassill will probably be paid totally in Litecoin for a sponsorship take care of Voyager, a crypto brokerage agency.

The motive force in query claims he’s a crypto fanatic and has been buying and selling crypto for some time. Accordingly, his alternative of sponsor and fee might not appear unorthodox to these within the crypto investing group. Nonetheless, these exterior the group might even see this alternative of fee as odd, given the volatility in such cash of late.

For instance, LTC is at the moment buying and selling 5% decrease right this moment, on this in any other case excellent news. Right here’s to hoping the deal hasn’t been signed but, or will probably be paid out at a median value over time. Nonetheless, I suppose that’s Mr. Cassill’s drawback from right here.

Regardless, let’s check out the place the specialists assume LTC is headed from right here

Litecoin (LTC) Worth Predictions

For reference, LTC is at the moment buying and selling at $157.18.

• InvestingCube seems to have a quite vast near-term vary for the place LTC may commerce. Certainly, this website suggests LTC may dip beneath $100 or above $240, relying on market circumstances from right here.
• LongForecast offers a one-year and three-year value goal for LTC of $345 and $119, respectively.
• Moreover, an fascinating submit on Medium suggests LTC may hit $950 by 2025. That is among the many most bullish estimates for LTC proper now.

On the date of publication, Chris MacDonald didn’t have (both straight or not directly) any positions within the securities talked about on this article. The opinions expressed on this article are these of the author, topic to the InvestorPlace.com Publishing Guidelines.