According to charlie lee, CEO of LTC. " But price predictions are stupid because no one knows. Just wishful thinking " .
basicaly everything about price predictions of altcoins just came from wishful think.
The way the space has developed lately relies so much on bitcoin's price and some of those CEO didnt prepare for it and thats why anyone could consider it has been stupid for price predictions, there is nothing on the roadmap and no development except the halving. The space economics is as important than ever, every new project see the need to prepare a product and process that can drive a sustainable demand, even exchanges demand a good tokenomics before listing