So I have taken notice of this "coinbase effect" and I really believe that it is true. I think that people are downloading coinbase, seeing how high BTC is, and deciding to invest into LTC and ETH instead. I am NOT saying that these coins will pass BTC in any way, but I do think that LTC and ETH will be in the 4-10 thousands next year for sure. I made a video with my full predictions and thoughts, please check it out and let me know what you think! Thanks
https://www.youtube.com/watch?v=MOaP7C1JHqkI think that's a huge expectation to a coin that hasn't even reach a $100 value maybe it could reach a $1000 value but $5000 ? I think it is high enough this year. Litecoin really need some support from every investors to reach that amount.
everything can happen, if bitcoin and ethereum can increase 1000x why can't litecoin?
I'm sure the price can touch 5000 $ but not this year
Litecoin prices can reach $ 5000 but can't now and we don't know when that will happen, I think it definitely needs a process for that to run optimally. because litecoin is a potential coin.
Yeah for the short term I think it is impossible for Litecoin to reach that price, even I myself still doubt Litecoin can cost $5k,
even in ATH last year when almost all crypto skyrocketed litecoin prices could only reach $400, could it possibly reach $5k?