In the early hours of Monday morning, Litecoin reaches a new all-time high of $410. Some analysts believe that the rise of cryptocoins is just getting started. The update, according to Founder Charlie Lee, is the final piece of the puzzle in making Litecoin sound money. He expects the price to rise to $1.5k in the mid-term, with a $5k price cap by the end of the year if the trend continues.