Could Litecoin go as high as $100 by the end of summer?

After three years of ups and downs, the price of the cryptocurrency litecoin has finally set a new but not all time high. The bigger question is whether or not this upward momentum can be sustained.

The only thing needed right now are merchants and service providers willing to integrate this new solution.

LTC price momentum can mainly be attributed to Chinese and Korean traders. Asian buyers in desperate need of a new bubble to chase higher.

Launched in late 2011 as an optimization of bitcoin’s open-source code, litecoin has since seen its share of volatility – its previous all-time high was $53.15 in November 2013. This chart was yesterday landing at $46 and change.

After the UK-based cryptocurrency exchange Bitstamp will list the asset, announcing on Twitter that it had made the decision earlier today, that could be the contributing factor to it breaking $50. Could it hit $100 by end of summer?

Folks where is your confidence. With this Fork for BITCOIN ahead will you throw some weight into Litecoin? I am, and I will hold, until the end of summer, and see what goes on from there.

Comments welcome
Happy Trails

Sources:
http://www.zerohedge.com/news/2017-06-17/litecoin-explodes-higher-after-flood-chinese-korean-buying