What happened to Litecoin halving 2023?

With Litecoin Halving 2023 finally going live – we also saw a 8% price crash immediately after! The highly anticipated Litecoin Halving 2023 has finally gone live! Litecoin’s block reward structure has now been reduced by half from 12.5 LTC down to 6.25 LTC. Thus, The current daily production of LTC coins through mining is 6.25 LTC.

How much is Litecoin (LTC) worth in 2023?

On average, it is expected that the value of Litecoin might be around $$67.95. Crypto analysts have checked the price fluctuations of Litecoin in 2023 and in previous years, so the average LTC rate they predict might be around $$66.29 in December 2023. It can drop to $$64.27 as a minimum. The maximum value might be $$68.30.

What happened to Litecoin?

Litecoin’s block reward structure has now been reduced by half from 12.5 LTC down to 6.25 LTC. Thus, The current daily production of LTC coins through mining is 6.25 LTC. LTC price saw a near 8% crash immediately after the successful Litecoin Halving event on August 2, 2023, around 15:45 UTC.

How many Litecoin coins are produced per day?

Thus, The current daily production of LTC coins through mining is 6.25 LTC. LTC price saw a near 8% crash immediately after the successful Litecoin Halving event on August 2, 2023, around 15:45 UTC. The Litecoin halving event occurred at approximately 15:45 UTC and proceeded smoothly without any technical glitches.