LTC is too big to fail. Some rich guy will probably come in last minute and buy up the sell whales.
umm. . . it already failed dude
~CfA~
Based on what metrics?
Did the security of LTC fail?
Did the blockchain fork?
Oh wait you are purely looking at the price of LTC in terms of BTC or USD.
Litecoin and the protocol it uses does not care what its price is.
You have to be the most ignorant person Ive seen here on this forum, Dogecoins security didnt/wont fail simply because it's derived from Bitcoin, just like Litecoin and 10000000x other Bitcoins clones are.
How about these questions instead, I'll even answer them for you.
Does Litecoin have any adoption at all from major companies? No
Does Litecoin have a large and supportive community? No, litecointalk.org is practically dead with hardly any posts being made, Dogecoin's community puts Litecoin's to shame.
Does Litecoin have any worthy features at all? No, Litecoin offers nothing that Bitcoin doesn't, making Litecoin obselete
Does Litecoin have first mover status? No, because namecoin was the first alt-coin to be made, and there were dozens of alt-coins that were made before Litecoin.
Is Litecoin dead/just another shit alt-coin? Yes.