I dont think so that there is any such reason because of which we can support this argument that lite coin is a dead coin or any other thing like that. There are so many investors who are investing a lot of money into it and that because of this, they are also making a very good earning as well. If you want to invest in lite coin, then you need to have good information about that and it will then help you in making money too.
Since its basically high profile Chinese pump and dump coin, if you want to invest in litecoin, you have to follow
those Chinese whales and do as they do
For example, if you sold when Charlie Lee sold, you're good