There was a time when Litecoin closely tracked bitcoin and 1 bitcoin was worth 100 litecoins.
This is no longer the case. Right now, no reason to invest in litecoins.
Things aren't looking great for litecoin. I think it is best to accumulate bitcoin and maybe ethereum. That's it. Ethereum is bit risky but it is attractive to add at this point of time. Coins which offer something new only can thrive in the crypto world. Rest of them will fall like rocks.
Haha I agree litecoin has outlived its usefullness, BUT there's some very wealthy bagholders who will want to get out and dump it on some n00bs, so don't be surprised to see it pump over $10 again, there will be one more pump before it finally dies imo.
We should soon see a pump and big holders of this coin will use the pump to dump their position of newbies. Stay away from altcoins that are designed to mimic and beat bitcoin.