Almost all cryptocurrencies have suffered due to the recent crypto market crash in one way or another. Many cryptos are even completely destroyed after the crash. However, Litecoin seems to know how to keep up with the changes in the market.
This article looks at the LTC price prediction to determine why it is looking green as the crypto market struggles. In addition, we also talked about some great alternatives to Litecoin, such as Dash 2 Trade, EraRobot, IMPT& calvaria. So, let’s read more!
Litecoin Brief Summary
Litecoin, Bitcoin’s main rival, was created by former Google employee turned cryptocurrency entrepreneur Charlie Lee. Litecoin was developed to improve Bitcoin in a few crucial areas. Litecoin’s simplified algorithm allowed for faster transactions.
While Bitcoin can only process three transactions per second, Litecoin can process 54 transactions per second. The Litecoin network also allows the creation of new blocks every 2.5 minutes. Litecoin transactions can often be settled instantly using peer-to-peer (P2P) crypto payment networks. However, most Litecoin trades require a minimum of six confirmations before they are considered irrevocable.
To show the company owners that the long settlement time of Bitcoin was no longer a problem, faster transaction times were created.
Litecoin Price Prediction
As the CoinMarketCap chart shows, Litecoin witnessed two massive spikes. The first was on December 19, 2017, and the price reached $349.6, and the second peak was on May 8, 2021, when the price reached $347.09. However, after that, a decrease in price can be seen. Even with that drop, Litecoin seems to be doing well in the market. Let’s see the analysis of the experts on this situation.
According to TradingBeasts technical analysis, the coin will be a good investment with respectable returns in two to three years.
According to cryptocurrency forecast website Coin Price, 2020 will continue to see a bull market for all cryptocurrencies and as a result, they estimate that the price of LTC will reach $124.
According to DigitalCoinPrice, LTC will trade at around $106 before the end of the year, confirming the optimistic estimate.
More high-yield coins
While Litecoin continues to maintain an uptrend, let’s also read about other high-yielding coins that could be worthwhile investments.
- Dash Trading 2 (D2T)
Dash 2 Trade is the first digital asset on the list of top cryptocurrencies to buy right now. The coin, which is currently for sale, has the potential to become quite popular.
A reliable and efficient platform that allows you to adjust your investment options as you enter the market, Dash 2 Trade is powered by D2T. This crypto, which provides features including a strategy builder and trading application trading interface, aims to become the “Bloomberg Cryptocurrency Terminal” (API).
Three levels of service, a free service, a starter service, and a premium service, are available through Dash 2 Trade. The last two, 400 units for Starter and 1,000 units for Premium, can be purchased with D2T.
- Robot Age (TARO)
The metaverse is predicted to be the next stage in human communication. And with RobotEra, you can explore this new territory, engage in a variety of activities, and profit from it.
A blockchain gaming platform called RobotEra plunges you into the post-apocalyptic world of Taro. You can buy real estate and other items here using non-fungible tokens (NFTs). In essence, everything you buy belongs to you, and RobotEra enables seamless item vending for all players.
RobotEra’s goal is to create new worlds and help repopulate the earth. Furthermore, the game also allows you to participate in shared metaverse events such as sporting events and concerts.
The game’s native token, TARO, which is rapidly depleting, will connect all of these activities. Invest before it’s too late!
The Impact Project is a completely new and innovative blockchain service that allows you to fund environmental sustainability initiatives around the world while making it simple to trade carbon credits. The platform is one of the most recent to try to use blockchain technology to address the world’s climate problems.
More than 25,000 affiliates make up the strong network that The Impact Project has established. These include companies like Netflix, Amazon, and Microsoft. This means that you can now use IMPT to make green purchases from your favorite brands.
The possibilities of the platform’s native IMPT coin are also improving as the network expands. Happy green shopping!
- Calvaria (RIA)
The next major crypto to buy for blockchain gaming enthusiasts could well be Calvaria. The digital asset offers a number of promising futures and investors have shown incredible interest.
The native token for Calvaria: Duels of Eternity is RIA. Taking place in an afterlife-themed metaverse, the game aims to help you buy cards from non-fungible tokens (NFTs). The task of the players is to build methods that help directly win these battles. Here, RIA is the token that makes NFT purchases possible through an in-app NFT marketplace.
Calvaria is advantageous for several reasons. You do not need to have any technological experience or make any financial commitment to use the platform because it is free to use. Also, the game is accessible for Android and iOS, making it accessible to everyone.
While Litecoin appears to be doing quite well despite recent market conditions, experts continue to believe that it is a worthwhile investment.
And while we’re at it, Dash 2 Trade & IMPT are also great investments. D2T gives you unique utilities and features, and IMPT is the greenest crypto with exceptionally good pre-sale in the crypto market. In addition, Calvaria and RobotEra offer you the best gaming experience, and you can expect maximum returns if you invest in them, making them the perfect choice.
So if you want to invest, now is your chance. And don’t expect too much; These coins are selling incredibly fast!