$ 250, just a milestone for Litecoin.
It's still very undervalued, comparing with Bitcoin
It will reach atleast 1/4 the price of Bitcoin (In few years)
Reasons :
- Less fees to send money anywhere in the world
- 4x the transaction capacity of Bitcoin
- It also supports the lightning network and atomic swaps which are massive improvements on bitcoin.
- Most importantly, it's founder Charlie Lee is very actively involved. He has a clear vision of LTC (to make LTC the best option for daily transactions)
While BTC will be seen as asset, LTC will be used in day-to-day life.
Just hold for few years !!!
Cheers
When you study the coin, it looks very promising. Worth investing. Hope it scales considerate gains very soon