Crypto halvings gradually reduce the supply of new coins with the intention of maintaining scarcity and driving value. They happen typically and at set intervals, dividing the mining price for new blocks into two.
The long-awaited Litecoin halving is scheduled for August 2, 2023, following the typical four-year interval. This will see the block reward drop from 6.25 LTC to 3.125 LTC during this occasion.
Expectedly, the Litecoin splitting is now a trending topic and many are hopeful about the potential price increment of LTC as the past halving occasions have shown. This has prompted increased LTC trades, and LTC giveaway events like the ongoing LTC halving countdown event on Bitget.
So what are your expectations? Do you see a bullish trend afterwards? Is it wise to bag LTC in expectation for a surge?
The long-awaited Litecoin halving is scheduled for August 2, 2023, following the typical four-year interval. This will see the block reward drop from 6.25 LTC to 3.125 LTC during this occasion.
Expectedly, the Litecoin splitting is now a trending topic and many are hopeful about the potential price increment of LTC as the past halving occasions have shown. This has prompted increased LTC trades, and LTC giveaway events like the ongoing LTC halving countdown event on Bitget.
So what are your expectations? Do you see a bullish trend afterwards? Is it wise to bag LTC in expectation for a surge?
