Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: Bash4j on July 15, 2023, 09:08:21 PM
-
#LTC remains the most decentralized, fungible, longest-running #Cryptocurrency with 100% uptime and the fastest growing crypto payment method in the world. It has never had this much development in its entire existence. with the ongoing media hype that suggests the upcoming halving event as a key driver for the heightened interest and the live Bitget Halving countdown event with a huge $LTC prize pool are becoming the central stage of discussion.
The recent TokenInsight highlight rated the exchange among the top-performing 4 platforms in Q2 and its decent trading might have boosted investors' confidence and the LTC community leading to a massive adoption as shown in the 24-hour Candles chat.
What is your opinion?
-
It just might be possible. The halving is a big event that every crypto enthusiast is paying attention to and with the Bitget halving countdown event, people will be able to gain $LTC with little effort before the big day. I have to say, I'm really excited for it, it will surely be a memorable day and event.
-
The hype on the upcoming LTC halving has generated massive interest in the token, and many crypto enthusiasts are looking forward to the halving event. The Bitget's LTC halving event will be one to look into.
-
this seems like a bonus for traders! what prize am i getting for making use of the exchange? and truth be told I've been hearing about the Litecoin from a friend.
-
It's no ordinary coin but a silver to Bitcoin gold. It's one of the very few good altcoins initiated by charlie lee, it's previous halving's caused a tremendous increase in its price & no doubt it may hit another ATH. I'd make do with any opportunity that presents itself to add some to my pf to diamond hand cos who knows bull run might set in.
-
Indeed true, in the beginning, I started with LTC and later on shifted to $XRP because of the fee and faster tnx. Still, remember the last bull run and we're near about 450$ with its ATH of 423$ is also remarkable. No doubt that Litecoin has huge potential in itself, it can compete and bring more potential with time. This time halving gonna be a huge turning point for LTC holders those waiting since the last bull run and have a long-term perspective. Bitget was one of them that already announced it.... counting more follow-on as the date is getting closer to next halving.
FMI:- The next Litecoin halving is around the corner and the date is scheduled: August 2, 2023. The last halving event occurred in 2019, and since then, LTC price has increased by almost 300%.
-
LTC has definitely be gaining lots of attention in compare to some months back, ever since the count down begin there has been another level of upsurge in its recognition within the crypto space. LTC pre halving events like that of Bitget has an high possibility of causing upsurge in the demand of LTC. Bitget has more $60,000 reward for those who join the pre-halving event and trade LTC/USDT alone, there is also a reward of $100 for each new users who register for Bitget during the event period and join the event once they deposit LTC in their wallet. Rewards like this would trigger a very high rate if demand for LTC, we all hope the halving will create a significant impact on the current market.
-
I think this explanation really makes a lot of sense now. I've seen some folks just coming online to talk down on the halving, maybe because they didn't understand it well. From the look of things, and what's said it all boils down to the fact that traders will ultimately determine the price action of LTC in the end and the event and activities by exchanges is to encourage users and rewards them which is what people want especially in the current market situation, but those who are positive and proactive enough will make the most of it all.
-
From what I can deduct from Litecoin halving, it doesn't increase the price of Litecoin immediately. It does take many months before we begin to see the huge impact of its halving to its price.
This is the 9th month the Litecoin halving happened, and it hasn't gone above $120, it keep fluctuating between $65-$85 for long. Although I am expecting it to skyrocket hugely when the altcoin season kickstart. For now, it is just buy it little by little as the spare money comes to ones pocket because as for, Litecoin will surely soar above its previous ATH