I think that LCC is the brainchild of bitmain like Bitcoin cash and guess who dominates SHa256 algo obviously it's bitmain and that's why they have changed  the algorithm from scrypt to sha256 because usually the forks are of the same algorithm apart from some exception like Bitcoin Gold but that too have a reasoning behind it that is  to avoid ASICS. And I think that the new model V9 antminer of 4 Ths launched by bitmain is also somehow linked to this coin launch.