Quote from: Vivageneviv on Today at 08:46:00 PM

The Litecoin halving is an event where the block reward for mining Litecoin is cut in half. This happens roughly every 4 years for Litecoin, in a similar fashion to Bitcoin with the goal of controlling the supply of Litecoin—making it more scarce over time and potentially leading to LTC price appreciation after the halving event.

The last Litecoin halving occurred in August 2019. The next halving is slated to happen on 2nd August 2023. Typically, there’s volatility and uncertainty surrounding halving events as investors speculate on the impact to supply and price. However, the effects of a halving generally play out over months and years after the event itself.

While the effects of halving are not always immediate, most traders are already exploring various means to accumulate LTC, leading to the increased demand of the token and LTC giveaway events like the one on Bitget, for instance. Leading to the question— Do you see a bullish trend as a result of the coming halving event?

In my own opinion i think half is a welcome idea and development, it's basically use for price control and making sure the coins price remains stable, So we wait for the halving and see the impact it will make.
My question to the pros in the house, is it a good call to bag some LTC

Bolivar_Tony

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