Post
Topic
Board Speculation (Altcoins)
Re: What factors contributed to the absence of price change after the Litecoin halvi
by
Kelvinid
on 16/08/2023, 22:30:35 UTC
Why didn't the Litecoin halving affect the price this time? In the past, halvings led to higher prices, but now there are no clear results. I'm puzzled about the reasons behind this. Please help me analyze.
When halving comes we then think about it giving a positive impact and possible price increase but Litecoin is different from Bitcoin which is certainly it gains much impact and increases demand which causes a price rally. If we never see a price increase of Litecoin after halving, therefore, there is only one reason that it causes it and that is because people had no interest in this project.

On the other hand, we have to stop overthinking that halving would give a price surge, not anymore. Even in Bitcoin, we can't assure that it will be going to happen next year.