Anticipation Builds as Litecoin Halving Looms: Can We Expect a Price Surge?

The weekend is here, and the unsavory trend in the crypto markets continues. Of course, there are outliers performing positively within this timeframe. In the coming weeks, a popular altcoin could potentially outperform the market due to the imminent halving. What do the current data tell us? How high can the price rise? Here are the current predictions. Litecoin Halving Forecasts In just 51 days and 1 hour, the block reward for Litecoin miners will reduce by 50%. This reduction, known as halving, has twice in the past led to an increase in the price of the LTC coin. With mining costs increasing, the base price is pushed higher due to halving, and LTC investors could see further rises. After a 10% decline due to turbulence in global crypto markets on Monday, the price of Litecoin (LTC) recovered by 3%. On-chain data shows the confidence displayed by Litecoin miners is […] The post Anticipation Builds as Litecoin Halving Looms: Can We Expect a Price Surge? appeared first on COINTURK NEWS.