Litecoin started to run Segwit which was a technology invented for bitcoin in order to solve one of the many problems faced with it, its sort of a "test network" for bitcoin, although saying that it's been getting alot of attention as a good alternative. As it runs off a bitcoin based blockchain, and is faster than bitcoin people have started to use and hold litecoin in hope that it will be the new bitcoin, alot of very picky exchanges like coinbase have also added this alt coin to their exchange which gave it a little more umff than it had, I do think Litecoin is still very undervalued but I see it as the silver to bitcoins gold, I think in the future people will hold litecoin to work with higher denominations of numbers when doing transactions, and reserve the use bitcoin for much larger valued transactions like mortgages, loans, cars, etc...
Litecoin started to run Segwit which was a technology invented for bitcoin in order to solve one of the many problems faced with it, its sort of a "test network" for bitcoin, although saying that it's been getting alot of attention as a good alternative. As it runs off a bitcoin based blockchain, and is faster than bitcoin people have started to use and hold litecoin in hope that it will be the new bitcoin, alot of very picky exchanges like coinbase have also added this alt coin to their exchange which gave it a little more umff than it had, I do think Litecoin is still very undervalued but I see it as the silver to bitcoins gold, I think in the future people will hold litecoin to work with higher denominations of numbers when doing transactions, and reserve the use bitcoin for much larger valued transactions like mortgages, loans, cars, etc...