I'm not sure either way. This thing came up overnight and seemed to really surge before going down. I hear it's like ETH only endorsed by China. That could pan out well for it (their stock market is protected - perhaps their crypto could be, also?), but it could also backfire on them. Perhaps it'll develop into a LTC BTC relationship with ETH (ETH being the BTC).

I'll be watching it, but it's too rich for my blood right now.