A few weeks back, the founder of litecoin decided he was going to sell all of his coins.
Normally that would be a very bad sign going forward.
However, it looks like market participants just don't care at this point.
Check out the week the coin has had:
Almost back to $300!
Still a ways away from those $370 highs, but it's looking to me like it might make a run for them again.
Glad I am holding a few litecoins. I think as long as there are so few coins listed on Coinbase and as long as Coinbase is the largest/best gateway for US users to the crypto markets, I think all the coins on there will continue to trade a high levels.
Now we just need to get steem on there somehow.