I am not sure the sell off yesterday was due to Lee selling his stake in LTC.

In fact he did that Tuesday I believe with news coming out on Wed or perhaps Thurs.

I can agree that altcoins will close the gap with BTC although I dont think BTC will be knocked down. In the end, there is going to be a multitude of coins that become "money". It is just a matter of where you are.

The FB news is great for LTC though. That said, LTC is better than BTC but still have nowhere near the horsepower of STEEM or BTS.

I am not sure LTC can handle the FB traffic.