Litecoin has been spotted on Coinfeed’s trending news lately, and its price has surged over 20% in the past seven days. What might be driving this uptick? Let's take a closer look. There are a couple of significant occurrences on Litecoin's horizon that could be influencing its recent surge. The first is the imminent halving event - a fundamental shift in the mechanics of Litecoin that will see a 50% reduction in the generation of new coins. This in itself is an event that often stirs interest in the cryptocurrency market.
What’s Causing the Price of Litecoin to Surge?
What’s Causing the Price of Litecoin to…
What’s Causing the Price of Litecoin to Surge?
Litecoin has been spotted on Coinfeed’s trending news lately, and its price has surged over 20% in the past seven days. What might be driving this uptick? Let's take a closer look. There are a couple of significant occurrences on Litecoin's horizon that could be influencing its recent surge. The first is the imminent halving event - a fundamental shift in the mechanics of Litecoin that will see a 50% reduction in the generation of new coins. This in itself is an event that often stirs interest in the cryptocurrency market.