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
0.61134929
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 for Litentry price predictions for the rest of 2022, there are divergent opinions. PricePrediction.net expects a downturn towards $0.58, and WalletInvestor echoes with ~$0.2063 by the year’s end. Other experts, for example, from TradingBeast, are more enthusiastic about Litentry’s future price, citing upwards of $0.857068 in December.
Potential ROI: -10% Sell

Litentry Price Prediction for 2023

In their Litentry price predictions for 2023, PricePrediction.net’s forecasts the coin’s price to go above $0.84 by December. Forecasting Litentry's future, TradingBeast expects further growth, too, saying the Litentry price will reach ~$1.227843 by that time. On the contrary, WalletInvestor keeps predicting Litentry price decline, quoting prices around ~$0.30066 in 2023.
Potential ROI: 29% Buy

Litentry Price Prediction for 2024

Litentry price predictions for 2024 are still predominantly positive, with some analysts promising prices in the $1.23–$1.474487 range (PricePrediction.net, TradingBeast), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.392 in December 2024.
Potential ROI: 69% Buy

Litentry Price Prediction for 2025

Both WalletInvestor and PricePrediction.net predict the Litentry market to grow in 2025, resulting in $0.612 and $1.93 by the end of the year respectively. Other Litentry price forecasts support the idea: TradingBeast forecasts Litentry to reach $1.664349 by December 2025.
Potential ROI: 129% Buy

Litentry Price Prediction for 2030

Most experts are expecting an encouraging future for Litentry: long-term Litentry price predictions promise significant growth by 2030. WalletInvestor predicts the price to reach $0.86292, while TradingBeast goes for $2.213584. PricePrediction.net also puts big hopes on Litentry in the long term: its Litentry prediction for 2030 is $11.32.
Potential ROI: 685% Buy
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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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