Litecoin gains 65% against ETH on completion of this pattern, Peter Brandt confirms $LTC Ethereum Crypto PeterLBrandt LTC
On-chain analytics company Santiment reports that the LTC price run coincided with a significant increase in wallets that hold 1,000 or more LTC coins since May 22.
At the time of publication, Litecoin was slightly down at $77.30 and up 25.87% in the last seven days, according to CoinMarketCap data.Litecoin Foundation and the Litecoin official Twitter handle, the next Litecoin halving is estimated to occur in the next 250 days. Litecoin, like Bitcoin, has a fixed supply of 84 million tokens and uses the proof-of-work algorithm, which requires mining to secure its network. Simply put, a Litecoin halving means that the rewards awarded to miners will be halved.⚡Become scarcer over time
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