Litecoin's value went up about 10x it's value in one day, just on the rumor (at that time) that an exchange was thinking about accepting it at some point in the future, but it's just in testing, and they're not sure when, we'll see after lots of more serious issues are taken care of.
BTC-E admin just officially announced it's definitely planning to carry PPCoin and Terracoin in the near future (so,
probably before Gox gets LTC). PPCoin and Terracoin have previously only been carried on low-volume exchanges.
https://bitcointalksearch.org/topic/m.1734474I've checked, it's true. So have a few others.
Bear in mind PPCoin and Terracoin currently have much lower market caps than Litecoin. It will take far less to eat all the market. The same demand could raise the value
far more than for a bigger currency.
http://dustcoin.com/miningAre PPCoin and Terracoin about to get caught in mad speculative bubble frenzy?
(Disclosure: I just bought some
)