Crypto halving– a mechanism aimed at gradually lowering the supply of a particular crypto to maintain scarcity and ultimately boost value. It typically reduces the mining payout for new blocks in half and occurs at predetermined intervals.
The eagerly anticipated Litecoin halving is set to take place on August 2, 2023, 4 years after the previous occurrence. During this event, the block reward will be slashed by two.
As was to be expected, there is already intense conversation surrounding the Litecoin halving, and as previous halving events have demonstrated, many people are excited about a potential rise in LTC's price. Many traders now try to increase their holdings.
Do you believe that the price will increase as indicated by previous data? Is it a good idea to build up LTC ahead of time? Would you take part in LTC activities intended to motivate the community in anticipation of the favourable effects of the halving, as seen, for instance, on Bitget?
I personally always expect overall crypto market pump before and after Litcoin Halving. Then the main Bull Run after Bitcoin Halving. Although, it might be different this time but let see. For the events, I would love to participate in any event for the upcoming Halving cos im sure that im gonna make some money doing that.
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Hello @incarts.
I saw that you recently arrived on the platform.
On a blogging platform as big as Steemit, you run the risk of not moving forward and not getting the desired results if you do not follow the right path.
There are some basic rules to follow such as posting original content, spamming, plagiarism and AI are not allowed, images must be owned or sources must be cited.
Did you know that there is the Newcomers' Community on Steemit, which helps new users to achieve basic goals step by step in order to be ready for the Steemit ecosystem?
If you are interested in learning more, I recommend you take a look at: Newcomer Guidelines for Verification and Curation you will find a lot of information that will be useful.
You may also entering some competitions organised by the various communities that's a great way to gain more visibility and make yourself known on the platform.
Try to find the contest that suits you, visiting Contest Alerts: Active Contest List.
I hope I have been a little helpful and good luck with your blog.. ;D
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