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Author Topic: WHAT HAPPENS IF THE $350 BILLION (MARKET CAPITAL) GOES TO LITECOINS?  (Read 38 times)
Common-Sense007 (OP)
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May 02, 2024, 11:14:06 PM
Last edit: May 03, 2024, 12:04:00 AM by Common-Sense007
 #1

Hello there crypto riders,

I made a MS excel spreadsheet and the current circulating supply for LITECOINS is 74,487,864 and averages 3,744 Litecoins (mined per day) at the end of the year 2024 the

total circulating supply will be at 75,350,612. If the Marketing Capital of $350 Billion from either Bitcoins or Etheruem transfers to Litecoins makes the price of Litecoins

skyrocket to $4,644.95. In other words, if I bought 10 Litecoins at a price of $80 each ($800 investment) provides me a huge gain of 10 Litecoins x  $4,644.95 =

$46,449.50!!!

The only crypto coins (BTC and LTC) a person requires to have in this lifetime.

https://ibb.co/BcWY3Z5

MAAManda
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May 03, 2024, 12:47:36 AM
 #2

The total circulating supply is dynamic for now on Litecoin (LTC) until it will eventually reach a maximum supply of 84M. And the same thing happens to Bitcoin (BTC) market capitalization which affects the price, but $4,644.95 is a small number that would be obtained if the MC on Bitcoin (BTC) moved to Litecoin (LTC).

From what I got from Marketcapof, if the market cap of $BTC were moved to $LTC, then the price of $LTC would be around $15,595.63.

R


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Supianto
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May 03, 2024, 05:18:51 AM
 #3

Well, that sounds promising, but it doesn't seem like LTC has a chance to become that big. It's not even in the top 10 at the moment, and most likely it won't come back. And I'm not saying that because I think that it's bad, it's just not that demanded anymore.
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