The Currency Analytics
By Steven Anderson
Litecoin is setting the performance record for the first quarter. The price of Bitcoin doubled during the first 3 months of the year 2019.
The mining reward halving is considered to be one of the major reasons for the stellar gains in the first quarter of 2019.
The halving means that there will be a supply deficit in the ecosystem after August. From August 8, 2019, the reward will be reduced from 25 LTC to 12.5 LTC.
#LNTrustChain started on Twitter to facilitate improved communication in the Litecoin community as an experimental approach.
Charlie Lee, the Managing Director of the Litecoin Foundation, is the latest to bear the lightening torch.
The value that can be transferred off the chain is 10 satoshis in this process. Ever since the beginning of this project, several eminent personalities in the crypto-space…
The list of personalities who previously held the torch consists of, “Anthony Pompliano, Binance’s Changpeng Zhao, Bitcoin pioneer Eric Voorh, Lightning Labs’ Elizabeth Stark,…
In terms of the technical chart, the Litecoin is placed very well. The recent lows are only the least points in the upward rising price trend.
The 500-million added to the market capitalization of the Litecoin Rally comes at a point in time when the crisis has hit Venezuela.