Is BTC overvalued or LTC undervalued?

LTC has a total max supply of 84M

BTC has a total Max supply of 21M

When looking at supply and demand, and assuming LTC has the same demand as BTC, that would either put LTC at a $430 price, or BTC at a $288 price (assuming demand is the same).

As we know, the demand is not the same for LTC as it is for BTC. But at current price, LTC has only 6.7% of the demand that BTC has. I find this number to be low or BTC to be overvalued in comparison of LTC.

Based on non-scientific data and just my guessing, I would assume LTC has at least a 15% demand of BTC. This would either equivalate to LTC being a price of $161.25 ([4300/4] * .15), or BTC being a price of $960 ([72 * 4]/.15) What do you guys think?

submitted by /u/blckeagls
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