Litecoin Price Spikes 357% in 2019 and Momentum Isn’t Dead Yet

2019-6-12 11:23

By CCN Markets: Year-to-date, litecoin price has increased by 357 percent against the U. S. dollar, outperforming every top ten crypto asset in the global market including bitcoin, Ethereum, and EOS.

The consistent increase in the value of the crypto asset is said to have been triggered by the anticipation of its block reward halving that is expected to occur in about two months. Crypto assets based on proof-of-work (PoW) blockchain networks that involve mining in the likes of bitcoin and litecoin go through a mechanism called halving every four years, an event that reduces the rate of the production of

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Litecoin (LTC) на Currencies.ru

$ 84.81 (-0.04%)
Объем 24H $356.766m
Изменеия 24h: 0.99 %, 7d: 1.03 %
Cегодня L: $82.04 - H: $85.41
Капитализация $6.326b Rank 20
Цена в час новости $ 138.83 (-38.91%)

litecoin crypto price 357 asset every halving

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Litecoin Leads Crypto Payment Ahead Of Halving Event: Reason, Implications And What Next?

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Litecoin has observed a plunge of more than 7% in the last 24 hours, suggesting that the coin’s bullish momentum may have come to an end. Litecoin Drops Hard TodayS But Is Up 20% In The Last Month While the rest of the crypto market was struggling, LTC enjoyed some sharp bullish momentum in the third leg of November, leading some to believe the “pre-halving rally” had begun for the crypto.

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2018-6-14 17:33