Hello friends, welcome to this Litecoin update from Crypto Sanders.
Chart Analysis:- Litecoin (LTC) has already experienced several halving events. Litecoin halving events occur approximately every four years, similar to Bitcoin, and they are designed to halve the block reward for miners.
First halving: occurred on August 25, 2015 – Block reward reduced from 50 LTC to 25 LTC.
Second halving: occurred on August 5, 2019 – Block reward reduced from 25 LTC to 12.5 LTC.
Third Halving: Occurred on August 6, 2023 – Block reward reduced from 12.5 LTC to 6.25 LTC. (This event is estimated based on a four-year half cycle.)
For the latest information on Litecoin halving events and its current status, I recommend checking a reliable cryptocurrency news source or the official Litecoin website.
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