Is Litecoin still a good investment?

Since then, it has performed better. Still, for the most part, people don't believe in Litecoin, which is why LTC lost its positions, according to CoinMarketCap. However, Litecoin may still provide investment potential. Analysts say that, in the long term, LTC may see its price increase and reassume its previous rank.

Will Litecoin price go up in 2022?

Litecoin Price Prediction 2022 – 2023. Litecoin will show us a real breakout. Liteforex website states that LTC price will probably rise to $700-$900 by the end of 2023. It sounds quite possible since the next Litecoin halving will occur in August 2023. This event is the reason for Litecoin price to go up.

Will Litecoin overtake bitcoin?

It is incredibly unlikely that Litecoin will overtake Bitcoin in terms of investment. However, as a payment method, Litecoin could become more popular than Bitcoin as it is faster and cheaper. Which Is Better Litecoin Or Ethereum? Ethereum is arguably better than Litecoin in several ways, including speed, its enormous ecosystem, and price.

Could Litecoin hit $1,000?

Yes, it is quite likely that Litecoin could hit $1,000. Several price forecasters believe it is possible, though they do not all agree on when it could happen. Most likely this could take place between 2023 and 2025.