Countdown to Litecoin Halving: What does the course forecast look like? Is there a rally or has interest already dilated? Whales expand engagement before halving, while Litecoin is the worst top 20 coin. The search for alternatives leads to Thug Life, the possible new 100x meme coin. Find out more here.

Von Krypto News Österreich

Der Countdown für das Litecoin Halving läuft. In nur drei Wochen werden die Block Rewards bei der Top 20 Kryptowährung erneut halbiert. Dieses Event geht regelmäßig mit steigenden Kursen einher, da das Angebot begrenzt wird. Das Halving hat sich in den letzten Jahren zu einer selbsterfüllenden Prophezeiung entwickelt, da Anleger auf steigende Kurse spekulieren und die Kryptos vor dem Halving kaufen, was automatisch zu einem Anstieg des Kurses führt. Im aktuellen soliden Gesamtmarkt, der überwiegend seitwärts läuft, hat der Litecoin (LTC) in den letzten sieben Tagen sogar 6 % verloren und ist damit die schlechteste Kryptowährung unter den Top 20. …
The countdown for the Litecoin Halving is running. In just three weeks, the Block Rewards will be halved again in the top 20 cryptocurrency. This event regularly goes hand in hand with rising courses because the offer is limited. Halving has developed into a self -fulfilling prophecy in recent years because investors speculate on rising courses and buy the cryptos before the halving, which automatically leads to an increase in the course. In the current solid overall market, which runs mainly sideways, the Litecoin (LTC) has even lost 6 % in the past seven days and is therefore the worst cryptocurrency among the top 20. (Symbolbild/KNAT)

The countdown for the Litecoin Halving is running. In just three weeks, the Block Rewards will be halved again in the top 20 cryptocurrency. This event regularly goes hand in hand with rising courses because the offer is limited. Halving has developed into a self -fulfilling prophecy in recent years, as investors speculate on rising courses and buy the cryptos before the halving, which automatically leads to an increase in the course.

In the current solid overall market, which runs predominantly sideways, the Litecoin (LTC) has even lost 6 % in the past seven days and is therefore the worst cryptocurrency in the top 20. Are insiders and crypto whales already prepared and secretly prepared for the halving or has the imagination already gone?

Already now whales are expanding their commitment to Litecoin Halving. The blockchain analysis company Santiment reported a significant increase in millionaire addresses in the Litecoin network. There were 32 addresses that kept 10,000 or more LTC, which corresponds to growth of around 6 %. Smart Money has obviously positioned itself in the past few weeks. According to Bitinfocharts data, 1115 crypto investors currently have more than 10,000 LTC, which corresponds to almost one million $. 107 addresses even hold Litecoin worth over $ 10 million. A lower volatility could favor a price rally, since Trader LTC apparently accumulated to speculate on rising courses.

Although the Litecoin course has increased by about 30 % in the past thirty days, it has hardly used any impulses after a strong start to 2023 to continue the upward movement. The course is currently below its February high. A clear halving rally is hoped for by Litecoin fans, but in the past the price relevance of the halving at BTC was more pronounced than with LTC.

Nevertheless, there is largely agreement that proof-of-work cryptocurrencies historically increase before halving. The Litecoin course has increased by around 100 % since November last year. However, in the past there was often the highlight of the Halving Rally in June. If this is also the case this time, other investment options could be increasingly offered.

Nevertheless, there are positive indicators, especially with regard to interest in the community. The searches for Litecoin have reached a new annual high. More and more traders want to find out about the opportunities of Litecoin Halvings. The increased interest in social networks in LTC is undoubtedly a success. An investment in Litecoin remains possible in July 2023, provided that it is based on a medium -term fundamental conviction.

Although crypto whales have positioned themselves increasingly in the past few weeks, a new price increase is currently not historically or technically indicated. The number of crypto millionaires has already decreased slightly, which indicates that the first whales may have realized profits.

As an alternative to Litecoin, Thug Life (Thug) could be interesting. This meme coin is traded by the community as a 100x coin. With a share of 70 % of all tokens, investors can take a massive participation in the pre -sale, which creates transparency and trust. Thug Life will have a market capitalization of $ 2.9 million at the start of public trade, which appears relatively cheap given the viral concept. In comparison, Litecoin is currently below his February high.

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