Litecoin Halving Is Due In 33 Days, What To Expect Now

Bitcoinist
Bitcoinist

30 Jun 2023 2:00 PM

With a price increase of over 18% within the last 24 hours, Litecoin (LTC) is sending out a reminder today that the halving of the block reward is only 33...

  • Litecoin (LTC) has experienced a price increase of over 18% within the last 24 hours.
  • The halving of the block reward for Litecoin is only 33 days away.
  • The Litecoin halving is scheduled to take place on August 3, 2023.
  • Like Bitcoin, Litecoin is designed to be deflationary, with the number of LTC mined decreasing over time.
  • The issuance of new Litecoin coins is controlled through consensus.

The sentiment of the article is generally positive, with technical analysts expressing optimism about Litecoin's future prospects and the potential for a price rally after the halving.

Go to publisher site

You May Ask

When is the Litecoin halving scheduled to take place?How does the halving affect the block reward for Litecoin miners?What is the total supply of Litecoin?What factors are technical analysts considering when predicting Litecoin's price movement?What is the current price of Litecoin?

Suggested Reads