Nah it was worth around 0.038 back in 2013, it's now worth 0.0086, it's fallen to less than a quarter of its all time high. The mistake you're making is looking at the USD value instead of the BTC value, the USD value is a lot higher now simply because the USD value of BTC is and like most altcoins that's how LTC derives its value in USD.Dead? It's trading at $100.00, pretty much its all time high.
It's sort of similar to when the news says "The pound is down against the dollar but up against the euro", what they actually mean without the positive spin is that the pound and the euro have both fallen but the euro has fallen more. Basically if the USD value of bitcoin is going up then the USD value of altcoins rises too, sometimes (and quite often) even if their value is falling at the same time like is the case with LTC. Even though it's lost 3/4 of it's value since 2013 it looks at first glance like it's shot up, when in reality anyone who's been holding all this time has actually lost a lot of money.
A really simple way to look at it is, if you had 1 BTC in 2013 and did nothing with it you would have $11,912 worth of crypto today. But if instead you had exchanged it for LTC you would have $2,685 worth of crypto today, because the value of LTC has fallen to less than a quarter of its all time high.
LTC was a great coin back in 2013/2014 because it was the first major altcoin after BTC became unmineable on GPUs and it managed to position itself as the silver to BTC's gold, but it's day has long passed. The likes of Ethereum, Dash, Zcash, etc have long since surpassed it.