Current gold to silver price ratio at roughly 66:1, the annual mining supply ratio is vastly different at 8:1 meaning miners dig up 8 ounces of silver for every 1 ounce of gold.
Bitcoin is more scarce than gold and Litecoin is more scarce than silver. Btc at 84K puts LTC at 1.2K
It has an ideal block time, it was launched fairly, its dominant in its hashing algo, it uses a non-competing ASIC to Bitcoin, It has Dogecoin merged mined with it, The creator is an OG, It has a great name and brand, its widely available, its #2 most used PoW after Bitcoin and nothing else comes close! It has fungibilty and privacy feature with MWEB... which is tech from an anonymous author... similar how Bitcoin was created...
Open, transparent, simple, efficient, low-cost, highly private, limited supply... You tell me its shortcomings, it's just a bit old, but it's not bad. On the contrary, it makes people re-examine its value, and it's only a matter of time before it surpasses Ethereum.