10/13/2023 0 Comments Litecoin mweb signal![]() This was a surprising move for Lee, who had never publicly discussed price targets for Litecoin before. Lee also noted in a tweet on May 2 that he has set a price target for LTC after the halving event in August. He predicts at least a 10% rally in LTC’s price against BTC, which has many traders and investors excited about the future of the cryptocurrency. Litecoin creator Charlie Lee recently spoke about the upcoming halving event and its potential implications for the price of LTC. #LITECOIN MWEB SIGNAL UPDATE#This update is fueling a bullish outlook for the asset, as halving events typically reduce block rewards and historically boost the price of cryptocurrencies like LTC and BTC. The Litecoin network has been undergoing several notable developments since the start of the year, including the highly anticipated third halving event that is set to take place in about 90 days. The Upcoming Litecoin Halving: Charlie Lee Speaks on a Possible LTC Path With an initial supply of 84 million, the LTC-20 standard could pave the way for more efficient and user-friendly transactions on the Litecoin network. For context, BRC-20 tokens issued on BTC Ordinals boast a daily transaction volume of over $900,000, which bodes well for the future of the LTC Ordinals project.Īs the Litecoin Punks project informed the crypto Twitter community, the first LTC-20 token has reached 20% minted status and has already garnered 4,000 inscriptions for punk holders. While it is still in the experimental phase, the token could become a major player in the crypto space if it gains widespread adoption. ![]() The community has already launched a test token for the new standard, called LTC Ordinals. ![]() Litecoin Watch: Here’s What’s Happening with the Nuber 12 Cryptocurrency Source: Twitter ![]()
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