LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?
LTC has lost it's cause. The founder sold most of his coins and got out of it and the volunteering team did tried to bring some changes but it was not enough. LTC originated as a cheaper and quicker alternative to bitcoin but as we know there are much more cheaper and quicker alternatives and a lot of others for manipulating investment as well as real use cases. There's no more reason for people to buy and hold or transact litecoin as there's bitcoin already and a lot more and better options.
Indeed, The founder itself sell his holding so how the heck will new investors invest on this project while the founder take profit and move on. Your explanation about LTC is just an alternative of Bitcoin is on point and I think that's the main reason why the founder take profit already since he knows that the project is already reached its limit while still inferior to new blockchain that comes from Ethereum Idea. Smart contracts is the cutting edge feature of most famous blockchain right now while LTC and other forks of Bitcoin is still performing very low compared to its new rival.