LTC is gaining in popularity and value. In the last 5 days LTC has outperformed both BTC and ETH. People globally are recognizing LTC as a great value. Since LTC was designed to have a 4 to 1 ratio with BTC, LTC should always be 1/4 the cost of BTC. As you can see LTC should be around $600.00 but it is around $54.00. That means LTC is at a $500.00 discount!
How is LTC going to hit $228.00 by February? Well, here is how. The global financial system has been on life support for years. Financial crisis's is going to increase and or accelerate after September. Globally, more and more people will be looking for a safe harbor to store their wealth. LTC will be the go to crypto investment. Once people realize it should be 1/4 the price of BTC and that is is discounted (like it is today) by $500.00 they will rush to buy it. The Fear of Missing Out (FOMO) will set in and we will see LTC reach that $228.00 target. It will not stop there either. LTC will be $500.00 by this time next year.
Most of us have heard by now that both Barkley's and Goldman Sachs are speaking highly regarding crypto currencies. Think about that for a second. Banks are supporting the very thing that is replacing them. That is correct, banks can see the hand writing on the wall and see that future banking and commerce will be using crypto.