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Can Litecoin Halving Really Double Your Investment?

From cryptobriefing.com

The next Bitcoin halving is less than a year away, and Litecoin’s block rewards are expected to fall within two months. These events are likely to restrict the supply of both cryptocurrencies, leading some speculators to count on the reduced supply for another bull run. In fact, given the recent run-up in price to a 12-month high of $128 at the time of writing, Litecoin halving fever already seems to have struck the market. But, as we’ll see, those returns may not be as inevitable as some traders think. Why Do Mining Rewards Fall? The rate that new coins are created is cut in half every four years, effectively ... (full story)

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  • Category: Fundamental Analysis