13 hour ago
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BULLISH 📈 : Litecoin can reach $2,000 with market cap growth
Crypto analyst BigShortRare suggests that a Litecoin price rally to $1,200-$2,000 is feasible based on market cap calculations:
- LTC has a circulating supply of approximately 76.78 million coins.
- A $1,200 price per LTC would imply a market cap of about $90 billion, while $2,000 per coin would mean around $150 billion.
- This valuation remains significantly below Bitcoin's past market cap of over $2 trillion.
- Ethereum has exceeded a $500 billion market cap.
- During late-cycle rotations, capital often consolidates into large, reliable assets.
BigShortRare emphasizes Litecoin's integration across exchanges and payment systems, its fixed supply, and lack of speculative dependency as foundations for potential growth.
The analyst argues that market conditions favor established projects like LTC, predicting capital will concentrate on proven assets rather than experimental ones. A price increase does not require replacing BTC or ETH, but rather recognizing Litecoin's role as a major monetary rail.
Currently, the price of Litecoin sits around $64, down over 5% in the last 24 hours.
