Okay so you probably think this is crazy but litecoin definitely has the potential to hit 500$, lets do some math. Okay so the max # of bitcoin is 22m, and the max of litecoin is 84m. 84m / 22m is roughly 4. and bitcoins price right now is 2600$ so 2600$ / 4 = the magic number of 650$. so litecoin definitely has the potential to reach 650$ with the right tech and development. i see litecoin hitting 500$ in about 2 years. Which leads me to this, if you want to invest long term into litecoin buy it when it goes back down (it will in a few days)
The reason is is that this isnt a heathy chart it isnt rising gradually it is just a huge spike and will go back down in a couple of days if not tommorow. I hope this helps some of you crypto enthusiasts.
