Quote from: Basiyu on May 21, 2023, 11:12:53 PM

The next Litecoin halving event is coming in August, and that has investors excited about this coin's future upside potential.
Seemingly out of nowhere, Litecoin (CRYPTO: LTC) is on the move again. The coin is up 13% over the past seven days after significantly underperforming the market for much of the year. Over that same period, both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are basically flat.
What are your thoughts on this litecoin resurgence?
https://www.google.com/url?q=https://www.fool.com/investing/2023/05/20/could-litecoin-really-go-parabolic-this-summer/&sa=U&ved=2ahUKEwjVkKLGwYf_AhWSh1wKHSZeA644ChDF9AF6BAgFEAI&usg=AOvVaw15_1gXfZa3YHxMgRUwxc7c

I think with the halving the price will surge for few days but it won't be able to keep up because after some days its value will start going down once again. I even think that with the next halving the price of Litecoin can cross $140 during the halving event, but that's purely my prediction and I won't claim 100% accuracy.

The Litecoin halving doesn't impact the market like Bitcoin halving does, but it can surely for a short term can be a attractive opportunity for the investors because it's a proven fact that with halving a price spike is a confirm thing and sometimes that's beyond our predictions.

Even if the price surge won't be too high but still if someone invests in LTC right now will most probably make some good profits with the coins halving event. The current price $90.94 which isn't high for such a useful coin from any perspective, and the ones who know this will probably find the opportunity to invest in it.