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Litentry Price Prediction

An up-to-date Litentry price prediction for 2022, 2023, 2024, 2025, 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
0.9042
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 2022

As of the end of 2022, Litentry price predictions remain predominantly positive, with some analytics promising the price at about $1.148334, while WalletInvestor even cites the possibility of the price reaching $1.600434 by the end of the year.
Potential ROI: 48% Buy

Litentry Price Prediction for 2023

In their Litentry price predictions for 2023, TradingBeast’s forecasts the coin’s price to go above $1.379519 by December. Forecasting Litentry's future, WalletInvestor expects further growth, too, saying the Litentry price will reach ~$1.654686 by that time. On the contrary, PricePrediction.net keeps predicting Litentry price decline, quoting prices around ~$0.054252 in 2023.
Potential ROI: 14% Buy

Litentry Price Prediction for 2024

Litentry price predictions for 2024 are still predominantly positive, with some analysts promising prices in the $1.066956–$1.678991 range (PricePrediction.net, TradingBeast), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.777612 in December 2024.
Potential ROI: 30% Buy

Litentry Price Prediction for 2025

PricePrediction.net has only pessimism in store for the 2025 Litentry price prediction, valuing Litentry at $0.759528 by the end of 2025. WalletInvestor agrees with a negative forecast and predicts, in turn, $0.596772 for the same period. On the other hand, TradingBeast’s team is more optimistic — their Litentry price prediction for December of this year is just $1.929028.
Potential ROI: 21% Buy

Litentry Price Prediction for 2030

Speaking of long-term Litentry price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that Litentry price won’t grow further and, opposedly, will decline to $0.173613. WalletInvestor’s price prediction for Litentry echoes with the projection of a downtrend to $0.027126. Despite this, PricePrediction.net’s vision remains positive, promising growth up to $1.482888.
Potential ROI: -38% 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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