On May 1, 2023 Litecoin conducted a trial launch of the LTC-20 token standard, which carries the Litecoin Ordinal Protocol. The LTC-20 trial or experiment aims to test the creation, implementation and transfer speed of tokens and their impact on the Litecoin blockchain.
As a result of the LTC-20 trial, the price of Litecoin has jumped 14% for the past 7 days. However, I don't understand whether the Litecoin price increase is due to the trial launch of LTC-20 or the result of the Litecoin halving in August this year? What do you think?
As a result of the LTC-20 trial, the price of Litecoin has jumped 14% for the past 7 days. However, I don't understand whether the Litecoin price increase is due to the trial launch of LTC-20 or the result of the Litecoin halving in August this year? What do you think?
