Very often I see posts where everyone dreams about the possibility that a certain Crypto can reach a value of 10 or 100 times the existing one
The reasoning is very simple
If a crypto is used by banks or even powerful brands for example Apple
Saying from tomorrow we accept Litecoin payments
At that point the price will skyrocket
And it can reach 1000 or 5000$ in the short term
If it doesn't maintain it it will inevitably collapse
Also because I challenge anyone of you who have 1000000 of pepper for example
And it reaches 1$
Don't you sell them to cash in?
Yes!!!
And here the price inevitably drops
So to summarize each crypto is linked to news and can reach any figure
But in an instant it can return to zero
The climb is long but the descent is an instant