After months of hype and anticipation, Litecoin’s halving event has finally been completed and has coincided closely with an LTC price pump that allowed the cryptocurrency to surge towards $100.
Despite this, Litecoin is still down significantly from its year-to-date highs, and its lackluster price performance that has occurred around the time of the halving has led many to wonder whether or not it will be able to continue climbing higher in the future.
Litecoin Taps $100 After Successful Halving Event
At the time of writing, Litecoin is trading up over 6% at its current price of $99.3, which is up significantly from its daily lows of $92.
Over a one week period, the crypto has been able to climb from lows of below $90, but is down slightly from its highs of nearly $105 that were set earlier today.