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RE: Is halving truly as significant as it sounds?

I think the impact of halving this year will be that it will reduce the miners reward by half and also create scarcity for LTC, but in terms of price impact, it's still buyers and sellers activities that will determine that effect, if more people buy it more than they sell it for whatever reason, then it will rise, and if the sell, then the other way round, and so let's not think halving automatically pushes up price. Price movements are determined by traders and events that make traders either buy or sell, just like the Pre-Halving event on Bitget that's been making users trade LTC to earn some rewards from the $60,000 pool of rewards in LTC. If this continues to happen, then we can tell price will be positively impacted.

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