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.
Average Prediction Among 42 Fintech Specialists Say Litecoin Will Tap $266 by the End of 2021
In recent times, Bitcoin.com News has reported on forecasts concerning the price of bitcoin (BTC), ethereum (ETH), and dogecoin (DOGE) via finder.com polls. For instance, Finder’s expert panels suggest DOGE prices will hit $1.21 by 2025 and $3.60 by 2030. Additionally, another panel report from finder.com shows experts believe ether’s value will reach $4.5K this year and $18K by 2025. The Finder panel with 42 fintech candidates that discussed litecoin (LTC) shows most panelists agree, LTC is predicted to be worth $266 by the end of the year.
However, since the rise of a number of different crypto assets, LTC 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 rests in the 14th position in terms of market capitalization with a $12.53 billion market cap. Finder’s panelists don’t believe litecoin can make it back into the top ten and 76% of the fintech experts think that it won’t.
The Finder’s panel, that discussed litecoin (LTC) 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 than the rest of the panel, and told Finder that his predictions for each year included “$900, $3,000 and $6,000.”