If LTC ETF is approved, how high can the price of Litecoin rise?
Let's talk about how high the price of Litecoin can fly if the spot LTC ETF applied by Canary Capital is really approved.
To be honest, many people are optimistic about the long-term potential of Litecoin. Some predict that by 2026, it may rise to $400 or even $1,100. More radically, if the performance of Litecoin ETF can catch up with 30% of Bitcoin, the price can directly soar to $2,900!
You see, as soon as Canary Capital applied for the spot Litecoin ETF, the price of Litecoin rose by 8% on October 15, and the momentum is still strong now. Litecoin fans are very happy, saying that they have long expected that the ETF will drive the price.
Speaking of price, the highest point of Litecoin in history was $410 in May 2021. Once the ETF is approved, how much will Litecoin rise in the bull market of 2025?
Let's think like this. If the LTC ETF is really approved, the price of Litecoin will definitely rise. Look at the Bitcoin ETF, the impact is obvious. The price of Bitcoin has risen by 47% in an instant. Litecoin has a small market cap. If it follows the 30% increase of Bitcoin, the price will go up.
Of course, these are all predictions. We still have to see the actual situation. Litecoin is now trading at $71.65, up 6.7% in 24 hours. Bitcoin was also strong yesterday, breaking through $67,000.
Looking at the price chart of Litecoin again, the long-term trend is upward, and it is expected to reach around $1,100 by 2026. However, this depends on the market situation and the mood of investors.
In short, if the LTC ETF is really approved, the price of Litecoin is likely to rise sharply. But we must also be rational and see if the price can stabilize the key support level. In the long run, Litecoin price prediction is still quite optimistic. $400, $1,100, or even higher are all possible.
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