For entry fees, let's go with $20. I think this is fair considering the bullish market. Two weeks before I will calculate what will be the BTC and LTC amount for the entry fees and will post it on the same topic.
$20 is a reasonable amount, but this could dissuade some participants from participating. I still feel that $10 should be the entry fee just like last year since a bullish market doesn't necessarily mean that all investors profited from it.
The lower entry fee could help accumulate more participants which could probably be more profitable when compared to fewer participants paying a higher entry fee. Just my 2 cents.
IMO, $20 is the best option. I would have proposed
BTC0.001 (i.e $50), but then it would have been unaffordable for the majority. But I guess anything below $20 (
BTC0.0004) would result in spammers and non-serious users flooding the pool, which is not preferable at this point. But I am OK with any amount, if the majority here agrees with it. After all, we need at least 20 participants, or else getting the sponsorship will be very difficult.