What is the Litecoin halving?

image of Litecoin symbol

A Litecoin halving is almost identical to how Bitcoin’s halving events works. Every four years, the amount of Litecoin awarded to miners is cut in half. This means there is less Litecoin entering circulation over time to prevent inflation.

Halvings tend to lead to higher prices in a market cycle, with Bitcoin typically hitting new all-time highs following halving events. It is difficult to measure the exact extent of how much halvings affect price, with some saying halvings are already “priced in” before it takes place; while others point to much longer time frames of a number of years being needed before the true effect of a halving can be seen.

Did you find this useful?