Litecoin price is up 60%

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Everyone are so focus on ethereum an bitcoin but litecoin price gains weight, is this because many people are waithing august 1st and are unsecure what will happend with bitcoin so they are investing in other currencies.
Litecoin-Price-Chart-June-19-2017.jpg

Or there other reasons, like 19 june listing on Litecoin on Bitstamp.
Litecoin now has EUR, USD, and BTC trading pairs on the platform.
According to CoinMarketCap Litecoin is now at 4 place and i'm expecting great future for this cryptocurrency

Litecoin price is up 60% | Ecency