Experts have boldly predicted that Litecoin will reach $1,000 in just six days, and even that it could hit $20,000 in the next four to five years! The coin is still incredibly new, having only been around for approximately a year and a half, so it still has a great deal of potential to reach new heights, and yet, has performed so well already.
In a video hosted by Marius, he even suggested that if Litecoin continued to perform how it has been, it could even make huge stocks like, Apple, Microsoft and Facebook small in comparison. He also predicts that cryptocurrencies are on the up for good.
People are becoming more educated and trusting of them, and he sees no reason why this should change. One thing he was certain about was that Litecoin will definitely see a huge increase and will reach $20,000 in just a few years.
He offers advice for investors, encouraging people to hold onto their coins and invest smartly if they want to see a profit. In order to make his bold predictions of Litecoin hitting $1,000 in just 6 days; he has looked back at how Litecoin has performed since the very beginning.
He as noted that there have been periods of huge gains, we are talking of over 200% that took place over a course of 6 days, and feels that we are long overdue one. He describes these gains as hyperbolic moves. Read more from cryptodaily.co.uk…
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