In crypto, “halving” marks a major event where miners’ rewards for validating blockchain transactions are cut in half. This means miners get fewer coins for each successful block. The goal is to control the crypto asset’s inflation and create scarcity to potentially increase its value over time.

However, things aren’t always so straightforward, especially with Litecoin (LTC) halving. Surprisingly, LTC halvings have often led to a decrease in price, contrary to what many expect. Why does this happen? Should you invest in LTC now? Are there alternatives you should be looking at? Read on to find out.

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Litecoin Halving: Should You Invest?

Back in 2011, the Litecoin Network emerged as a fork of Bitcoin, and it just recently experienced its third mining-reward halving on August 2nd.

Similar to Bitcoin, Litecoin’s halving occurs every four years. While it might seem logical for LTC to surge after the event, historical data paints a different picture.

This time around, the halving changed the reward per block to 6.25 LTC, down from the previous 12.5 LTC, as reported by litecoinblockhalf.com. The past halvings happened on August 5, 2019, and August 25, 2015. Litecoin’s founder, Charlie Lee, believes that these halvings are vital for gaining adoption without compromising the security of the network.

However, the response of Litecoin’s token, LTC, to Litecoin’s previous two halvings wasn’t bullish. 

Source: TradingView

After halving in August 2015, LTC’s price remained within the $2.8 – $3.6 range for about 19 months. It wasn’t until the Bitcoin rally that Litecoin’s value shot up to as high as $370 by December 2017. A similar trend was observed after the halving in August 2019.

It’s possible that traders had already factored in the effects of the halvings, evident from the price increases before the actual events. Subsequently, they chose to take profits and watch, anticipating a significant Bitcoin bull run.

This latest Litecoin halving is following a similar pattern, which has led some investors to lose faith in its potential. Interestingly, LTC’s performance often hinges on Bitcoin’s halving, which has historically triggered bull markets and influenced its price more than its own halving events.

With the recent downturn of LTC following halving, some investors are exploring alternatives like Anarchy (ANA) to put them back in greens.

Anarchy (ANA): The Norm is Getting Boring, It’s Time For Change

Anarchy (ANA) isn’t just another meme coin, it’s here to break the norm. While memes and social media hype often define the meme coin market, Anarchy has a grander vision – to revolutionize the space by introducing practicality.

Unwilling to bow to the norm, Anarchy is not only taking a bold step to call out the flaws of governance and finance but also show them how things should be done.

By putting the governance into the hands of the community, Anarchy is fostering a new society where members are empowered, supported and protected against the system. In the Anarchy ecosystem, decisions are made by the people for the people. Lincoln’s democracy in full motion.

Anarchy is utilizing the power of decentralization and blockchain technology for innovation and reach. Anarchy is launching on the Ethereum network, a strategic move that widens its reach. Ethereum’s robust security system safeguards ANA users’ assets, ensuring peace of mind.

With traditional methods like protests falling short, Anarchy wields humor in memes, gifs and stickers as its weapon, sparking conversations and amplifying voices that demand change.

Anarchy’s rising popularity is a testament of what to come. The token presale has reached milestones with no signs of stopping, showcasing its appeal and solidifying its presence.

ANA is investors’ choice for greens in 2023 as the price of ANA does not rely on halving for pumps but rather on community for which it’s built and deflationary model adopted to create scarcity and drive the value of ANA up.

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Anarchy (ANA) Presale

Stage 3 of the ongoing presale is getting hotter. With over $3million raised, investors believe time is running out to see ANA secured at low prices.

Secure some ANA bags today and position yourself for a potential 20,000% in Returns.

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