Ltc halving is knocking at the doorstep.
During this event, the block reward for mining will be cut in half, from 12.5 to 6.25 LTC. Some people are wondering if the halving is as significant as it's made out to be. It happens every 4 years and is meant to maintain Litecoin's value and attract more investors.
There are differing opinions on its impact. Some believe that the reduced supply will make Litecoin more valuable and lead to a price increase, while others think that the high demand for Litecoin might minimize the halving's effect. In the past, Litecoin experienced substantial price rallies before previous halvings. What are your thoughts on how the halving will affect Litecoin this year?"
I do not see how someone could argue that the high demand of a coin can somewhat minimize the effect of the halving, if anything this should enhance it and not the other way around, however what it can affect litecoin is the fact that ripple recently got a favorable resolution towards it and this could make people to buy that coin and concentrate their efforts and goals on that coin, ignoring litecoin in the process and causing the halving to not be as significant as people thought it could be.