honestly after watching litecoins for years the coins is definition of snail.
moves so slowly.
why people love it and go dam crazy about it so much i do not know.
litecoin was launched in 2011 and its still not hit $500.
ethereum was introduced in 2015 and it has grown so much.
litecoin is so slow.
"Rather rising slow, than diving low"
Though it is growing pretty slowly, as you've noticed, it's definitely not some crap. People love it, because Bitcoin has proven that it's possible for cryptocurrencies to enter a hundred-billion dollar market.
How is that relevant to Litecoin? Well, in many people's eyes, Litecoin is superior to Bitcoin: Faster & Cheaper transactions and a growing acceptance across the internet.
With a supply 4 times as high as Bitcoin, Litecoin's potential, if it'd grow to Bitcoin's heights, is thus a price that's 25% of Bitcoin's, thus entering a value of thousands of dollars. That, together with an active community supporting it.
Bitcoin's price is mainly based on "OMG, so many peoples knows it so I must buy buy buy coz others will buy buy buy then grow larger price then me rich me rich yes yes yes". Not an insanely intelligent kind of investor, most of the time.
Litecoin's price isn't based on that (yet). Sadly, it has many competitors too and that keeps it from growing very rapidly. It's market cap is still 11 billion dollars, which is very likely more money than all of you together will ever obtain.
Ethereum grew as rapidly, because so many ICOs (mostly scam/shit ones), put their tokens on the Ethereum blockchain and accept it in their Token Sale.
So don't compare it to other coins too much. Litecoin is a great coin. Though it grows slowly, it's actually more of a future-proof coin: Low Volatility will make people trust it more.