After reaching a new yearly high when it traded at $147 on 22 June, Litecoin price has actually lost value by nearly 25%. This is phenomena signals that hype around Litecoin’s coming block reward reduction or halving event could be priced in already. Yes, 39 days from today on August 5 precisely, LTC will undergo the Litecoin halving event. This block reward reduction is an event that happens once in four years after the network reaches block 840,000.
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