Litecoin in a short has gained a increased users as well investors into it just because of the price moves happening without much drops. Bitcoin has gained the trust than most other digital currency that it will regain the lost value in a short. It's good to invest into bitcoin in a higher Volume than into litecoin.
Litecon has lost its dominance among the altcoins. A part of their market share has been eaten up by the newer altcoins such as Ethereum, Ripple, and even Nemcoin and Dash. Also, earlier there were a number of online retailers accepting LTC. This number has also come down.