Fintech experts say litecoin will be worth $266 by year-end

LTC to be worth $266 by the end of the year, according to Finder panel

The product comparison website Finder has found the average forecast from the group indicates the crypto asset litecoin will be worth over $200 by the end of 2021. It published the report following a poll of 42 financial technology (fintech) specialists. Over the last three days, the crypto asset has been trading between $175 and $187.

In recent times, Bitcoin.com News has reported on forecasts regarding 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, LTC has lost its place within the top ten market capitalization positions since the rise of a number of different crypto assets. The crypto asset was a top ten contender for at least a decade but it has been pushed down by competitors in recent times. 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.

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.”

John Hawkins, the senior lecturer at the University of Canberra, gave Finder the lowest price forecast for LTC and his prediction is around $80 per unit.

Litecoin now has little media profile and seems to offer no advantage over bitcoin, Hawkins stressed.

The CEO of Allnodes, Konstantin Boyko-Romanovsky, said that LTC will be $180 by the year’s end and worth more than $300 by 2025.

The 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’s price 10 years down the road, the Allnodes executive said.