Litecoin is undervalued because it is used for notable financial transactions but it does not reflect in its price despite the fact that it has a strong fundamental and it also has active development. The price of litecoin does not reflect it's true value when you compare with other forms of cryptocurrencies. One major reason why litecoin is undervalued is because it has a very strong adoption and acceptance and also a lot of vendors accept it as a means of transaction. It has a fast transaction time which does not really reflect on it price.