2023-05-22 13:11:04
Litecoin continues to show growth in anticipation of the August halving, when the reward to miners for mining a block will be halved.
Over the past week, the Litecoin rate has grown by regarding 5%, today the rate is almost $ 91 per coin. The capitalization of the altcoin is 6.63 billion dollars.
There are more and more posts on social media regarding Litecoin and miner reward cuts. At the same time, the hashrate increased by 25%, and the number of Litecoin hodlers grew to almost 4 million people (these people have not sold coins for more than 12 months).
The number of transactions has grown by almost 400%, while more than 60% of addresses are profitable.
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