Is Litecoin classified as either a hard fork or soft fork? If neither, what is considered as?
It's considered a source code fork, or an altcoin, neither a hard fork nor soft fork of bitcoin. To be classified as a soft/hard fork, it should share some of the same chain from the genesis block. LN has a completely different chain right from the start so it's not a fork of the bitcoin chain.
Note that even coins sharing the same chain as bitcoin from the genesis block, e.g. BCH, are not considered hard forks by most people because they are not "bitcoin". They are generally termed "forkcoins"
Litecoin is neither a hard or a soft fork. The codebase is a fork from Bitcoin codebase but it by no means share any history with the Bitcoin blockchain and thus considered as a separate alternative cryptocurrency to Bitcoin.
It is now trading at $179 https://www.coingecko.com/en/price_charts/litecoin/usd