Litecoin Rewards Halving In A Few Months

Litecoin rewards are scheduled to be halved from 25 LTC to 12.5 LTC, its an expected halving of the cryptocurrency, which halves every 840k blocks. Analysts suggest that the scarcity coming from the hack may result in the price booming to a generous $150 USD.



Litecoin at the time of this writing is priced at approximately $81.30. Roughly around the same time last year, the price of Litecoin was $127.50; A 47% loss from April 16, 2018. The 5-year chart shows Litecoin at 13.30$ on April 16, 2014, when Cryptocurrency was more of a fringe community of traders and enthusiasts; A more than 950% gain (5 years).

Litecoin has reached one of its highest peaks on April 8th, 2019 at 329.43TH/s. Please visit their website to learn more about Litecoin and Blockchain technology. Litecoin is scheduled to be halved around August 6, 2019.