You are right, the price many prove a little high for a young project like LPC in times like when BTC itself is down hard. But the thing is the LPC DEV's are like faster than the flash announcing one after another news. I don't even know how these guys can be so quick with listing here and there as it's upto third parties to how much time they take for lisitng. There are two things, either they must have paid massive fee's or they have good contacts. Either way, we are in good shape and hands. Building such hype before CMC is going to be big time helpful for long term.
Being listed in CMC might lead to another exponential growths for LPC.
However, during waiting time, just enjoy current high prices of LPC.