Halvings are significant events in the cryptocurrency community because they can have an impact on supply and demand dynamics. Historically, Litecoin halvings have been associated with price increases in the months leading up to and following the event. However, it’s essential to note that past performance is not indicative of future results, and the cryptocurrency market is highly volatile and influenced by various factors.
On 2nd August, 2023 the block Reward of LTC has been reduced to 6.25 which was previously 12.50. The impact of halving on the currency cannot be predicted by the past trends or ahalving of the currency though.
You must be aware we live in turbulant times to say the least.
People are more scared than enthusiastic.
