The crypto verse is can be dramatic and depending on your preference, Litecoin and Bitcoin enjoy wide media coverage—and sometimes from research groups as Satis. They claim Litecoin gains shall average at $255 in the next decade and despite on-chain developments and adoption levels, LTC will never rise to $400.
From the News
Perhaps a stand out as the week concludes is this ruffling price prediction from Satis Group. While no one can accurately predict the future value of an asset even with the help of the latest valuation software, the research group has churned out some rather bold prediction of Bitcoin and its proxy, Litecoin.
Understandably, the crypto market is still nascent and that’s part of the reason why institutional investors are wary of sinking investors’ money. As a market that’s still trying to find a footing in a fast moving environment underpinned by technology, Litecoin and the rest of the markets are volatile but that didn’t stop Sherwin Dowlat and Michael Hodapp the authors of this controversial report from laying out their expert predictions.
Basing their forecast on peer-peer metrics and various traditional valuation models, they project that prices will never see the light of $400. That’s where Litecoin peaked before sinking to current levels.
Read more here: https://www.newsbtc.com/2018/09/01/litecoin-price-analysis/