Can it reach $200.00 by the end of the year?

Litecoin (LTC) cryptocurrency’s future has been predicted by The prediction came from a team of 10 blockchain and cryptocurrency experts.

According to Finder, the crypto might move up to a value of $130.17 by July 1, 2018. If that happens, it will be an increase of 8% from Litecoin’s recorded price on May 30, 2018. By the end of the year, the team believes that it could at the most reach up to $149.00, which means it will be up 23% from the May figure.

It is to be noted that for Litecoin, $149.00 is not an impressive figure because previously, it had a far more impressive figure all time which is as high as $371.03, which was recorded at the end of December 2017. Possibly, less number of investors bought into the cryptocurrency when the value of the coin slipped between $200.00 and $300.00. Hence, the current projection for the end of 2018 looks this depressive.

Currently, at the time of writing, Litecoin is valued at $96.74, slipping past $100.00 for the first time since it boomed last December. The price predictions made may or may not be right. But, the experts in the team reportedly cemented jobs within the Fintech and blockchain industry. So, such prolific figures making bold statements is definitely important.

Pay with Litecoin

Meanwhile, the crypto’s PayWithLitecoin campaign seems to be slowly gaining traction. LTC will now reportedly be accepted by an online marijuana community which delivers cannabis as well. The name of the website is weedmaps. They call themselves, “a small private delivery service” which is “in the downtown LA area” and says that they love Litecoin. Recently, it was reported that the CEO of Wirex tweeted mentioning that Tesla airport shuttle is accepting it as payments. It was also reported that SurfAir airline has started accepting Litecoin as payment, the news was confirmed by the founder, Charlie Lee.

Image via Shutterstock

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