Litecoin: A 500%-800% Rally Incoming?
Litecoin, the silver to Bitcoin’s gold, has rallied by 8% over the past day to $82.26. Given the collective bullish sentiment at press time, many from the community feel that LTC could be next in the queue to take off. This year is quite crucial for LTC because it will be undergoing its third halving event. Like Bitcoin, the block reward for Litecoin miners will also slash by half post- halving . At the moment, 12.5 LTC are issued to miners. That will change to 6.25 LTC later this year. At the moment there are more than 200 days for the event, and you might wonder why are we discussing it now. Well, Litecoin has behaved in a certain way pre and post-halving. So, in this article, we will focus on the same and present the outlook for this cycle. FUN FACT: #Litecoin $LTC halving is 208 days away from now. 📈 or📉 ? pic.twitter.com/M4Mu6Xmy41 — CryptoBusy (@CryptoBusy) January 8, 2023 Massive Rally Incoming For Litecoin? A recent Twitter thread ...