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Litecoin will shine in 2021


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The launch of the first decentralised Litecoin-based RPG fantasy game LiteBringer, where each players’ move is a transaction, brought benefit for the whole blockchain. Litecoin transactions skyrocketed on the news, exceeding 130,000 right after the game’s launch.

The boosted performance could serve as a positive price driver with the analysts from CoinSwitch predicting a $600 price target for Litecoin in 2021.

Some analysts also believe that the Litecoin price will tend to grow in the coming years following the halving. According to the optimistic LTC cryptocurrency forecast by Cryptoground.com, Litecoin will trade at $88 in a one-year period and will climb up to $347 by the end of 2024.

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