Litecoin is still undervalued than Bitcoin, though it tripled its value this year. It has an ATH of $412, but experts believe its current market value would be $1500. That is why it is in the news as an alternative to Ethereum and Bitcoin.
The catalyst of increasing the Litecoin value is halving. Two halvings have been done till now. After 840,000 blocks are minded, the Bitcoin miners are rewarded with a halve. It is an inbuilt process of the algorithm and occurs every four years. The…
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