honestly after watching litecoins for years the coins is definition of snail.
moves so slowly.
why people love it and go dam crazy about it so much i do not know.
litecoin was launched in 2011 and its still not hit $500.
ethereum was introduced in 2015 and it has grown so much.
litecoin is so slow.
Ethereum is very much more different than litecoin. Ethereum has a massive demand due to some ICO's making their coin on the ethereum blockchain that is why it hits the market. Also it appeals like money replacement like the bitcoin it has proven its use in the world of crypto.
While litecoin is also a promising one but its only ambitious to be like bitcoin. That is why its popularity is also known but it lacks of demand. And people are not accustomed in using litecoin that is why the growth is like a snail. Litecoin has been tittled as bitcoin's younger brother and its journey in the crypto world is not yet ended. There is a chance that soon it could reach $500 as you've expected.