I think that it will definitely reach $400 this year, unless something bad happens to the entire industry. Charlie Lee is really pressured to bring another all time high since a lot of people accuse him of being responsible for the mid-December drop (he announced he sold all of his coins around the time, and some investors thought this means he’s abandoning the project and proceeded to panic sell and spread FUD).

I don’t think that investing in Litecoin will bring you 1000% yearly returns like a penny shitcoin with questionable future that people like to pump and dump, but it’s a more secure investment. Think of Litecoin as Bitcoin’s little brother :)

Always keep in mind that this industry is volatile and unpredictable, though.