After a three-year hiatus, Litecoin breached the $130 mark and hit a yearly high of $137 on Wednesday. It almost soared 100% in the last 30 days as the cryptocurrency market ignited a bull run. The rally made leading altcoins rise double-digits after mostly trading sideways for the last 10 months. Trump’s reclaiming the US presidency kick-started a rally, and an influx of new money and investments entered the markets.
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Now that Litecoin has reached $130 after three years, what will its price be worth in the next four years in 2028? Is this the best time to invest in LTC, or should investors give it a pass? In this article, we will highlight how high Litecoin could reach in 2028.
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Litecoin: What Will LTC Be Worth in 2028?
Leading on-chain metrics and price prediction firm Gov Capital remains bullish on Litecoin under Trump’s presidency. According to the price prediction, LTC could reach a target of $330 in the next four years in 2028. That’s an uptick and return on investment (ROI) of approximately 155% from its current price of $130. Therefore, an investment of $1,000 could turn into $2,550 in the next four years in 2028.
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Will the Cryptocurrency Markets Thrive Under Trump?
President-elect Donald Trump is considering appointing crypto-friendly candidates for top cabinet positions to steer the US economy. The development will strengthen the cryptocurrency market and make investors who are on the sidelines consider taking an entry position into digital assets, including Litecoin. Trump has also vowed to make the US the crypto capital of the world and take a giant leap forward.
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The markets are hopeful that Trump’s rule could change the fortunes of the digital market industry. Nonetheless, it is too early to confirm that his administration will do a great job on the economic front. The next four years will decide the fate of the broader cryptocurrency market.
