Will Loopring cryptocurrency reach $50?

[Seaking009]

Theoretically Loopring (LRC) cryptocurrency can reach $50 but I don’t think that it will happen any time soon. At the moment Loopring price sits at around $3 and in order to reach $50 it should increase price 17x. Loopring fully diluted market cap is around $4 billion so if it increases 17x then it will be $68 billion which is bigger than Ripple (XRP) and just slightly less than Cardano (ADA) and Tether (USDT). So, it is possible for Loopring (LRC) to reach $50 but it will take time on my own view.

[Coingump]

It is an application where only ETH and stable coins can be traded yet. It is interesting that it is among the top 100 coins so quickly. At least I didn't quite understand.