The Lite-coin halving occurs approximately every four years, During a halving the block reward for miners is reduced by half, This means that miners receive fewer new Lite-coins as a reward for validating transactions and maintaining the network, in August the block reward will drop from 12.5 to 6.25 Lite-coins.
The reduction in the block reward creates a supply-demand imbalance, as the rate at which new Lite-coins enter the market decreases. This scarcity can lead to increased demand and potentially drive up the price of Lite-coin but only with the right circumstances!
The overall cryptocurrency market and the performance of Bitcoin is much more important and impactful, if you have been following the past videos you know how the Bitcoin dominance is expected to increase mainly because the liquidity is moving into Bitcoin from Altcoins and it is not yet the time to buy any altcoins, however that time might come soon and the Lite-coin halving will have a positive impact in the next year!
Drop a like and follow us for more insights! #bitcoin buyer fake #spot etf bitcoin news
Litecoin (MARK YOUR CALENDAR!) shorts litecoin [yO1p7NnJBiZ]
The Lite-coin halving occurs approximately every four years, During a halving the block reward for miners is reduced by half, This means that miners receive fewer new Lite-coins as a reward for validating transactions and maintaining the network, in August the block reward will drop from 12.5 to 6.25 Lite-coins.
The reduction in the block reward creates a supply-demand imbalance, as the rate at which new Lite-coins enter the market decreases. This scarcity can lead to increased demand and potentially drive up the price of Lite-coin but only with the right circumstances!
The overall cryptocurrency market and the performance of Bitcoin is much more important and impactful, if you have been following the past videos you know how the Bitcoin dominance is expected to increase mainly because the liquidity is moving into Bitcoin from Altcoins and it is not yet the time to buy any altcoins, however that time might come soon and the Lite-coin halving will have a positive impact in the next year!
Drop a like and follow us for more insights! #bitcoin buyer fake #spot etf bitcoin news