Litecoin is a promising coin, but its technology is outdated. Over the years, Litecoin will definitely grow, but I'm not sure it will cost $1000.
It's over rated coin. Remember this charlie has made a promises if litecoin will be adopted by so many marchants in the future but that's not yet happened right now. i agree if it has an outdate tech but if that was adopting by so many merchants and it can replace the outdate tech of litecoin but sadly it's not yet adopted and 1k rate just a non sense rate.
At this level of adoption, Litecoin works great. We cannot expect that from day to day the whole world will start talking about and accept Litecoin. I am sure that over time the project will develop and the list of places where it is accepted will also grow. Over time, there will be a chance that one day it will reach the price of $1000. Rome was not built in one day.
If based on the possibility, everything can happen and no one can hold it. but we also have to be realistic about the situation, is it possible to reach 1K? when it is at its peak of all altcoin increases, it is unable to reach the maximum of $ 400.
by looking at the development of all altcoin I just don't believe it will happen, we see that ethereum which has penetrated 1K does not last long, even though we know that ethereum is very good and very well known.