How Soon Will Litecoin Hit $100?
The Litecoin (LTC) price is creeping upward as most of the remainder of the cryptocurrency market is dropping. This underappreciated coin has managed to gain 2.80% over the last week.
Up by 1.28% today to $92.95 (LTC/USD), Litecoin is bucking the current crypto market trend and working its way back to $100. But how soon can we expect the coin to hit that mark once more? The last time LTC was valued above $100 was at the beginning of the month, so we do not expect it to stay below that mark for much longer.
Currently ranked #19 on the overall cryptocurrency market cap charts, Litecoin has remained elevated at a time when most of the crypto market is dropping. We saw a boost for the market from the Wednesday Federal Reserve meeting. Those gains quickly dissipated by late Thursday, and we expect to see the crypto market dip a little further before the end of the week as tariff fears persist.
Expectations for Litecoin Are High
Litecoin is benefitting from its addition to the Hashex Nasdaq Composite Crypto Index, which tracks the ETF version of Litecoin. ETFs have performed fairly well though 2024 and 2025, even as traditional crypto coins have been fluctuating wildly.
Litecoin’s decentralized payment network allows it to offer a service that other crypto coins do not, supporting this token with intrinsic value that does not have to be seriously affected by market fluctuations. Litecoin could continue to perform well through the weekend and move closer to $100. We expect it will be back above that mark by the end of March, solidifying its position as one of the most constant and reliable crypto coins.
Investors looking for a coin that will shoot up in value quickly and give them a fast return on their investment should look elsewhere, but Litecoin has managed to retain some gains even after the crypto market drastically declined earlier this year. For the last 12 months, the coin has only gained 8.8%, but it shot up by 104% late last year, which is better than most of the top cryptocurrencies did.
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