I am expecting Litecoin prices to reach over $1500 per coin according to the circulating supply, market cap, and importance if this coin. What do you guys think? I have been buying and selling it for quite a while but lately just accumulating since $38
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What is your time frame for that $1500 estimate? I certainly hope you are right....but most of the optimistic estimates I have seen put LTC around $300-$400 in around a year.
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I am in it long term, I would say 3 years time to reach that figure and from there who knows. I could see it easily get into the 5k+ range if Crypto becomes mainstream.
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I think you have to define mainstream.
Crypto soon will be an investment vehicle similar to Gold and other commodities. However, I wouldnt consider that mainstream in the investment world although it is huge.
As a basis for the financial system, I think blockchain is the future. The question is how decentralized it stays. We all know the banking system is getting involved and doing their best to establish their own ecosystem.
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Upvoted and followed.
I am bullish on LTC (along with BTC and ETH). Over the next few years, we will most likely see major appreciation in all the cryptocurrencies of this magnitude. Will LTC hit $1500? I dont know but I wouldnt say it is impossible. If BTC hits some of the levels that many are projecting, then LTC will be at least $1500.
I see $100 pretty much in the cards by year end at worst.
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