How much the market cap would need to be for Litecoin ($LTC ) to reach a price of $1,000
Market Cap = Price per Coin × Circulating Supply
1. Assuming the circulating supply of Litecoin is approximately 74 million LTC coins (please verify for the most current figure).
2. Calculate the market cap:
- If the price per LTC is $1,000, then:
- Market Cap = $1,000 × 74,000,000 LTC = $74,000,000,000 (or $74 billion).