Litecoin isn't even that close to $100. It needs a 40% pump to reach that price and has not performed well in the recent bull market. A few years ago people wondered it it might reach $1k, but looking at its price today shows just how much it has fallen. Litecoin can help you save on fees but so can many other coins. Litecoin is mostly thought of a Bitcoin copycat and doesn't have any unique features that make it stand out amongst the competition. Mimblewimble is a nice feature but it isn't a fully private blockchain. Other altcoins already have Tornado Cash style mixers and Monero if better is all you care about is privacy.
Unlike many of its competitors, Litecoin is a tried-and-tested blockchain network that's decentralized. The cryptocurrency first started as a direct "copycat" of Bitcoin, only to face a major change in the protocol regarding built-in privacy with Mimblewimble. The reduced block time and limited supply of 84m units, makes LTC a unique coin among the rest of the pack. Solana is faster and cheaper than LTC, but it's centralized, unreliable, with a larger number of coins in circulation. LTC's added scarcity should contribute towards higher market prices in the long run.
Slowly but surely, it will get to $1k. A prolonged bullish market for BTC, should prop up LTC to the moon. Who knows if Litecoin is bound to make a comeback soon?