Why has Litecoin increased in value?

There are a few reasons. 1: some comments made by the founder, 2: is the Korean exchanges buying up lots of LTC, 3: is the Lightning wallet Alpha expected this week, 4: Bitcoin transactions costing up to $8,

Founders comments

Litecoin better transaction fees

Litecoin fee is typically $0.10 whereas Bitcoin is typically over $5

Lightning network wallet expected this week

On a live Segwit party YouTube broadcast Charlie Lee and Jack Mallers said that they were working on a Zap wallet over the weekend.

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