I think if the bullish market will happen, the price of litecoin will reach $1000 for sure
For sure? if it was so easy everyone would be rich.
I don't really see Litecoin any better than Bitcoin (the king), Ether (Dapps, Defi, etc), Link (Chainlink) or even Stellar (for payments). Litecoin is pure speculation in this moment. Why someone would use Litecoin for payments when there are better alternatives, and why it would be used as store of value when there's Bitcoin?
The reason Litecoin hit ATH in 2017 is because all coins hit ATH back then. But times changed and I have seen very little progress with this coin.
(I own Litecoin btw, but I don't plan to buy more)
Exactly, litecoin went up in value at that time because everything went up in value, but I think the next bull market is going to be different, many investors have learned a lot since then and they are not going to invest in any coin just because it has been here for a long time, they need to see there is some kind of hope for that coin to be adopted in the future, and litecoin is just another of the many copies of bitcoin that we have in the market so it is difficult for it to go up when so many copies have appeared since 2017.