Litecoin forecast price - increase 5x possible.
LTC should be 1/4th of Bitcoins market cap, because it is bitcoin x 84 million outstanding.
Current market cap is 1/20th of bitcoins market cap. WHY?
It's the same code as BTC but faster.
24 hour volume overtook bitcoin in the last week, no problems there, however only 30-40% price increase was disappointing.
LTC will be silver and bitcoin or ETH will be gold.
Looking at Market Cap, I think it should be able to get to 10 billion in a jiffy.
Price forecast for LTC is $100-200 USD by 2018 unless BTC experiences major crash.
The only thing stopping LTC to go up 5x is name recognition.
PLEASE DISCUSS and I recommend LTC is a buy!
Very good article. I was about to post a similair post. Though prices might seam inflated for now I don't think they will look like this 2, 3 years from now. Does anyone know about: https://www.coincheckup.com Every single coin can be analysed here based on: the team, the product, advisors, community, the business and the business model and much more. Go to: https://www.coincheckup.com/coins/Litecoin#analysis To watch Litecoin Indepth analysis.