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Litentry Price Prediction

An up-to-date Litentry price prediction for 2023, 2024, 2025, 2026, 2030. Wondering what is the future of LIT price? Find out Litentry price forecast with historical, fundamental and technical analysis.
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Litentry Fundamental Analysis

Project name
Litentry
Stock Symbol
LIT
Current Price
1.039
Current Supply
100000000

Litentry is a decentralized cross-chain identity aggregator built on Substrate. Substrate is a framework made especially for developing decentralized blockchains and it is intrinsically compatible with Polkadot, so obviously, Litentry launched as a parachain on the Polkadot Network. Polkadot is part of Web 3.0 and aims to increase the interoperability of all existing blockchains. LIT is the native utility token of Litentry, it was launched on the Binance in February 2021 and was listed on Uniswap, PancakeSwap, Gate.io, Hotbit, MXC, CoinEx, and DODO. LIT has strong connections with BNB, BUSD, DOT and at first, LIT was awarded for stacking these tokens. Lition (LIT) is on the Ethereum network (ERC-20) so it can be stored using any ETH compatible wallet. In the Litentry network LIT is used to pay fees for on-net transactions. LIT is also used as a concomitant for DeFi lending & borrowing services. And companies that will set up their identity databases on the Litentry network will receive compensations in LIT. Polkadot is growing right now: it became a top ten coin by market cap recently. So, all Polkadot-based projects also have a chance to rise in price. Litentry is working on really important problems with DIDs (decentralized identifiers), so if they succeed, LIT can also rise in price. Litentry is a very active company: their Twitter and GitHub get new posts often so it seems that they won't abandon their project in the foreseeable future. 

Litentry Live Price Chart

As of May 2021, financial analytics with one voice claim it a big chance to buy LIT at a fair price – the graph shows a significant decrease in price during May 2021's crypto crash. Falling off from $13 in February to almost $7 in May, Litentry promises a perfect opportunity to recover and continue the further growth.

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Litentry Technical Analysis

Despite the fact that 100% accurate technical analysis for Litentry cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated LIT buy-and-sell rating for selected timeframe. The summary for LIT/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Litentry Price Prediction

Below we have collected the most reliable price projections for Litentry (LIT) from popular forecast platforms.

Litentry Price Prediction for 2023

As for Litentry price predictions for 2023, there are divergent opinions. PricePrediction.net expects a downturn towards $0.9351, and TradingBeast echoes with ~$0 by the year’s end. Other experts, for example, from WalletInvestor, are more enthusiastic about Litentry’s future price, citing upwards of $1.74552 in December.
Potential ROI: -14% Sell

Litentry Price Prediction for 2024

In their Litentry price predictions for 2024, PricePrediction.net forecasts the coin’s price to go down to $0.12468 by December. Forecasting Litentry future, TradingBeast expects further decrease of its price, too, saying the Litentry price will reach ~$0 by that time. On the contrary, WalletInvestor keeps predicting Litentry price growth, quoting prices around ~$1.17407 in 2024.
Potential ROI: -58% Sell

Litentry Price Prediction for 2025

The experts are unanimous in their Litentry price forecasts for 2025 — everybody expects Litentry’s price to drop down by the end of that year. PricePrediction.net predicts the price to fall, reaching $0.99744. According to TradingBeast’s research, Litentry’s price can drop down to $0. WalletInvestor’s forecast is also not so positive: its analysts hold the view that by 2025 Litentry’s price will be about $0.48833.
Potential ROI: -52% Sell

Litentry Price Prediction for 2026

PricePrediction.net has only pessimism in store for the 2026 Litentry price prediction, valuing Litentry at $0.5195 by the end of 2026. TradingBeast agrees with a negative forecast and predicts, in turn, $0 for the same period. On the other hand, WalletInvestor’s team is more optimistic — their Litentry price prediction for December of this year is just $2.03644.
Potential ROI: -18% Sell

Litentry Price Prediction for 2030

Most experts are expecting a bleak future for Litentry: long-term Litentry price predictions promise significant decline by 2030. WalletInvestor predicts the price to reach $0.95588, while PricePrediction.net goes down for $0.15585. TradingBeast also puts not so big hopes on Litentry in the long term: its Litentry prediction for 2030 is $0.
Potential ROI: -64% Sell
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Summary

As it can be clear from the analysis cited above, Litentry (LIT) projections are rather contradictory. There is no universal consensus either about positive or negative future LIT price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Litentry projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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