What is Litecoin?
Litecoin’s claim to fame is faster transaction processing times. It uses a scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have.
The ability to target regular computers and GPU’s happens to be a huge differentiator from the crowded mining population of Bitcoin.
One-Year Simulation
One-Year Simulated 1,000 Times
Verdict
We can be 95% certain that Litecoin prices will fall between $42, and $12,241 with a median of $745.