As litecoin is developed over the same platform of bitcoin, and this added more value to litecoin. During the previous bull trend the growth of litecoin was observed to be high as rest of the altcoins. Further there is no big forward move in the price of litecoin. Same as bitcoin, there is halving with litecoin network. Even by that there is no big change in the market.
There're no big changes AjithBTC, but in many terms Litecoin is huge already. $3B market cap is not so easy to achieve, and it's
holding there strong, that can give us a hope that in future Litecoin can worth a lot more. As you said it's similar to Bitcoin, Litecoin
also have halving, and Litecoin supply is limited, max supply is 84M coins, which is not too much, with rising demand and limited
amount of coins in circulations the price of Litecoin can go high.