Despite an impressive rally to the $140 range earlier this month, top cryptocurrency Litecoin\u00a0<\/strong>(LTC-USD<\/u><\/strong><\/a><\/span>) has since seen volatility materialize to the downside. Currently, this token is down more than 6%<\/a> today, as the broader crypto market sells off alongside risk equities. For many investors, expectations of where the expert Litecoin price predictions suggest this token could go from here now matter more than ever.<\/p>\n Source: Wit Olszewski \/ Shutterstock.com<\/p>\n<\/div>\n One of the oldest cryptocurrencies, Litecoin is a project that launched in 2011. Alongside Bitcoin<\/strong> (BTC-USD<\/u><\/strong><\/a><\/span>) and other proof-of-work networks, Litecoin\u2019s consensus mechanism is run by \u201cminers.\u201d These miners solve complex mathematical problems to validate and secure the blockchain.<\/p>\n Given the various environmental concerns around crypto mining, Litecoin is a token that\u2019s lost its top-10 status already. Now, LTC is on the precipice of the top-20 cryptocurrencies by market capitalization.<\/p>\n So, will this token soar from here? Or are investors wanting newer, more exciting projects? Let\u2019s see what the experts think right now.<\/p>\n For reference, LTC currently trades<\/a> at $120 per token, at the time of writing.<\/p>\n On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.\u00a0The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com\u00a0Publishing Guidelines<\/a>.<\/em><\/p>\n<\/p><\/div>\n![\"Image](\"https:\/\/investorplace.com\/wp-content\/uploads\/2021\/01\/ltc1600-300x169.jpg\")
<\/p>\nLitecoin Price Predictions<\/h3>\n
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