Lessions learned, alts are never to come back.
At least: not these alts.
that is something that the newcomers who are now bag holding tons of different altcoins in their so called "portfolios" don't want to accept. some time ago someone posted a screenshot of coinmarketcap website that belonged to a couple of years ago. it was funny to see the "top" coins of that time and how they were hyped up so much and people were thinking they all are going to live side by side of bitcoin and there were even talk of "replacing" bitcoin! that list doesn't look anything like today's list but people still have the same expectations
I guess Litecoin is still there
And if we compare the recent bottoms of both coins (i.e. 22 dollars vs 3300), Litecoin is still outperforming Bitcoin overall. And this remains true even if we take into account that Litecoin has been losing to Bitcoin last weeks. Actually, with Litecoin halving coming in a couple days, it will likely surge again (and this surge may have already started, by the way). To sum it up, not all altcoins are born equal
According to PlanB, as you can read on my
June Report, halvening isn't having any measurable impact on Litecoin price, as opposed of what is happening for bitcoin.
Regarding the Litecoin overperforming BTC, welol, I can't see all this evidence
I think we should compare within the period I specified
That is, the period from the recent bottoms (both Litecoin's and Bitcoin's earlier this year) till now, and within this period specifically Litecoin is still a better alternative to Bitcoin if you primarily aim for speculation. Regarding Litecoin halving, it is yet to happen (in a day or so), while its effect will take some time to reveal itself
And as I've written elsewhere, the decrease in the supply of new coins due to halving can't be fully priced in. It takes time to develop and affect the price for real (as it happened with Bitcoin in 2016). Long story short, it is the market which will decide on the fate of Litecoin (and Bitcoin too, for the record), not us writing here