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RE: Litecoin Halving: To the Moon or Back to $40?

Yes mate, I've always told folks that although the halving in itself doesn't automatically mean it will push up the price by itself, but the factor of price change in crypto is the ultimate driving force behind price increase, which is buying/selling activities of traders on LTC. The only thing the halving does is that it reduces the amount of pressure needed to either push up the price, since there's going to be scarcity of the coin, which means the amount of money needed to push up the price too won't be as much as before the halving, and we can see this play out in how traders have been engaging LTC on Bitget over the Pre-Halving event that has $60,000 and users have been trading to have some share in it. If such a thing happens across the crypto market in general, then we'll see an ultimate price increase which is undeniable.

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