I don't think Litecoin has a future long-term. It achieves nothing more than Bitcoin.
If the whole market goes up 4x soon, then yeah, LTC will hit $400.
But I don't think the market will make even 2x this year.
True indeed. Litecoin isnt a great choice if we are talking about long term here. Litecoin offers nothing different other than what bitcoin already offers. The blockchain technology beneath litecoin is highly identical to that of bitcoin. The updates that are made for bitcoin can be used for litecoin as well as the algorithm and technologies underneath both are almost same.