Litecoin is officially dead, why you may ask?
What Litecoin used to offer:
ASIC Resistance
GPU Resistance
2.5minute blocktime
What Litecoin now offers:
2.5minute blocktime
Basically, Litecoin is worth less than Blackcoin, Netcoin, OompaLoompaCoin, heck, practically anycoin that has a faster blocktime and Any other feature... Litecoin offers absolutely nothing over what 99% of these alt coins offers, even the worst alt coin offer more innovative features than Litecoin. And to those litecoin bagholders, who say that "Litecoins age and adoption" is something it offers, that's not true..There are NO reputable stores Worldwide that accept Litecoin, not one.
Verdict: Litecoin is dead, it hasn't been updated in years, it's a practically abandoned coin. I'm gonna feel really sorry to all the litecoin bagholders that are still "HODLING" when Litecoin reaches $1, 50 cents, 10 cents etc.
Then you are completely wrong today, almost every alts rocketed this year and litecoin is one of the coins that gained so much. It became a dead coin for some time but it clearly has a potential, and it did rose from the dead and gained so much.