The older Scrypt ASICs were made because LiteCoin AT THE TIME was by far the second-highest valued currency, which made the market big enough that the ASIC makers were reasonably sure they could profit from making the ASICs.

 It says a lot about Litecoin (Scrypt) that it's the only coin OTHER THAN BITCOIN (SHA256) to have had multiple years and multiple generations of competition in ASIC-based miners.


 I don't see SegWit having a significant impact on Litecoin. I also suspect it's going to settle back into it's long-term $3.50-$4.50 range quickly after the Bitcoin "potential fork" issues get resolved - and I figure that resolution will also hammer current inflated pricing on most of the altcoins that have seen big rises the past month.