Litecoin has undergone two halvings since its launch in October 2011.

The first was in August 2015, when the block reward was reduced from 50 LTC to 25 LTC.

The second occurred in August 2019, slashing the 25 LTC reward to 12.5 LTC.

The third halving will take place on August 3, 2023:

Review of the LTC halving in August 2019:

At that time, the overall environment was at the bottom of the bear market and began to reverse. The trend and time point were similar to BTC. BTC ranged from 3700 to 13000 and then fell back to more than 7000 (4 times increase and 2 times decrease). The range was also relatively small. LTC halving was not a completely independent market:

In December 2017, the bull market peaked, and then fell. It continued to fall for a year, first falling sharply, then sideways, and then falling into a pit. A year later, LTC began to halve and reverse;

At the bottom in December 2018, the LTC price reached 22U, and it started 6 months ahead of schedule;

On June 17, the peak price of LTC was 137U, more than 6 times, reaching the highest point of the year, one and a half months in advance;

Four months later, the price fell to the foot of the A-shaped mountain and reached 40U.

So my suggestion is: halving does not necessarily mean a big rise, don’t follow the trend blindly. Only when the price reaches the appropriate range and the policy is reversed is it a good time to make large-scale arrangements!