The next Litecoin halving event is scheduled to take place on August 2, 2023. This means that the block reward that miners receive for validating transactions will be cut in half, from 12.5 LTC to 6.25 LTC. This will reduce the supply of new LTC entering the market, which could lead to an increase in price.

The Litecoin halving is a scheduled event that occurs every 4 years in the Litecoin blockchain. The first Litecoin halving took place in 2015, and the second halving took place in 2019. The next halving will be the third halving in Litecoin’s history.

The halving is a way to control the inflation rate of Litecoin. By halving the block reward, the amount of new LTC that is created each year is reduced by half. This helps to keep the value of Litecoin stable over time.

The Litecoin halving is a significant event for the Litecoin community. It is a time of excitement and anticipation, as investors and miners wait to see how the price of LTC will react. The halving could also lead to increased adoption of Litecoin, as people see it as a more scarce and valuable asset.

What to Expect After the Halving

It is difficult to say for sure what will happen to the price of Litecoin after the halving. Some analysts believe that the halving could lead to an increase in the price of Litecoin, as the reduced supply will make LTC more scarce. Others believe that the halving could lead to a short-term sell-off in Litecoin, as miners sell their LTC holdings in order to cover their costs.

Ultimately, the impact of the halving on the price of Litecoin will depend on a number of factors, including the overall state of the cryptocurrency market and the level of demand for Litecoin. However, it is clear that the halving is a significant event that could have a major impact on the price of LTC.

As of 7 pm UTC on 14 July 2023, Litecoin is trading at around $93.34, down 8.9% in the past 24 hour.

The post 5 Best Altcoins To Invest In 2023 – Compare New Altcoin Projects appeared first on Coinpedia Fintech News

In this article, we delve into five promising altcoins that have been making waves in the market: Filecoin (FIL), ApeCoin (APE), Lido DAO (LDO), Conflux (CFX), and Uwerx. 

By examining their market dynamics, technological advancements, and community-driven developments, we will provide valuable insights for investors looking to diversify their portfolios.

Filecoin (FIL) Price Prediction

Filecoin (FIL) is a cryptocurrency at the forefront of decentralized storage networks (DSN) built on blockchain technology. With its unique protocol and marketplace, Filecoin (FIL) aims to revolutionize secure and efficient decentralized data storage. 

The network enables independent storage providers to offer clients data storage and retrieval services, establishing a robust ecosystem. By utilizing Filecoin (FIL) tokens, the native cryptocurrency of Filecoin (FIL), users can store their files on this decentralized network in exchange for a fee.

Currently ranked #31 on CoinMarketCap with a live market cap of $1,978,104,132, Filecoin (FIL) holds immense potential. Projections indicate that by Q3 2024, the price of Filecoin (FIL) may reach $9.96 because of the increasing adoption of Filecoin (FIL), presenting a compelling opportunity for investors.

ApeCoin (APE): Empowering the APE Ecosystem and NFT Community

ApeCoin (APE) is a cryptocurrency that is the backbone of the thriving ApeCoin (APE) ecosystem. This ecosystem comprises a passionate community of token holders and a wide range of products and services that leverage the power of ApeCoin (APE). 

By holding ApeCoin (APE), users gain access to exclusive features within the ecosystem, including engaging games, exciting events, unique merchandise, and valuable services.

With a current price of $3.21 and a 24-hour trading volume of $38,890,126, ApeCoin (APE) demonstrates its market presence. Experts project a positive trajectory for ApeCoin (APE), forecasting a potential price of around $6.02 by 2024. 

This prediction reflects the growing interest and demand for ApeCoin (APE) within the dynamic NFT landscape, making it an intriguing investment opportunity for those seeking exposure to the ApeCoin (APE) ecosystem and its vibrant community.

Lido DAO (LDO) Price Prediction

Lido DAO (LDO) is the native utility token that fuels the decentralized decision-making process within the Decentralized Autonomous Organization.

As holders of Lido DAO tokens, participants gain governance rights, enabling them to actively participate in shaping key parameters of liquid staking protocols. 

In addition to their governance functionalities, Lido DAO tokens can be traded on popular centralized crypto exchanges like DigiFinex, Binance, and BingX.

With a current price of $2.21, Lido DAO demonstrates promising potential in the market. Analysts anticipate a Lido DAO price surge, reaching $5.93 by 2024. The growing partnerships and collaborations within the ecosystem fuel this projection.

Conflux (CFX): Thriving on the Conflux Network with Remarkable Performance

Conflux (CFX) is a cryptocurrency that operates on the Conflux Network, a robust public blockchain platform. 

Three months ago, Conflux experienced an extraordinary surge in price, witnessing an impressive 500% increase in just one week. 

This surge was largely attributed to China’s growing acceptance of cryptocurrency trading, positioning Conflux as one of the top-performing crypto assets of the year.

Conflux continues to garner attention with a current price of $0.310883 and a 24-hour trading volume of $85,397,479. Market analysts confidently predict that it will reach $0.71 by Q3-Q4 2023. 

This projection reflects the consistent dominance of the project within the Chinese crypto market.

Uwerx (WERX): Enhanced Earnings and Work Efficiency on the Uwerx Platform

Uwerx emerges as a freelance platform dedicated to empowering individuals in an industry plagued by excessive fees. By offering a minimal 1% service charge, Uwerx ensures that freelancers can maximize their earnings on par with full-time workers. Beyond financial benefits, the platform prioritizes work efficiency through additional features, providing a seamless experience for freelancers.

To ensure long-term stability and security, Uwerx plans to implement a 25-year lock-up liquidity period at the end of the presale, and the decision was backed by 82.8% of its community members. Thorough audits conducted by InterFi Network and SolidProof guarantee the platform’s safety. Moreover, upon the project’s launch on centralized exchanges, ownership contracts will be renounced, and taxes settled to protect investors’ funds.

CoinSniper’s recent listing of Uwerx expands user accessibility and engagement opportunities. Furthermore, the upcoming listing on Uniswap, scheduled for August 1st, will provide users with even more choices to leverage Uwerx’s services, strengthening the platform’s presence in the crypto market.

Uwerx (WERX)’s Success and Lucrative Investment Opportunity

The remarkable achievements and overwhelming demand surrounding Uwerx have captivated the attention of numerous investors. With its fifth presale stage underway, the token’s popularity has skyrocketed. Each of the first four presale stages concluded rapidly, reflecting the high demand and investor interest.

Investors now have a unique opportunity to acquire WERX tokens at an enticing price of $0.05245 during the ongoing presale phase, accompanied by a generous 20% bonus.

Uwerx introduces the revolutionary Uwerx Vault, a secure staking mechanism that ensures the safe storage of tokens. With this feature, investors can confidently watch their returns grow while their tokens remain protected. The project’s future looks promising, with an Alpha Version of the Uwerx platform set to launch soon, marking a significant milestone toward realizing its immense potential. The presale’s hard-cap end date has been firmly established for July 31st, 2023.

Industry experts hold an optimistic outlook on the future value of WERX. They project the token to reach $0.59 by Q1 2024 and $1.76 by Q4 2024, driven by its listing on CoinSniper and the anticipated listing on Uniswap on August 1st.

Uwerx (WERX): Strong Community Support and Upcoming Platform Updates

A recent survey conducted within the Uwerx community revealed overwhelming support, with 98.2% of participants favouring the implementation of the Test Airdrop, scheduled to occur before the presale’s conclusion on July 31st, 2023. Additionally, the team is taking proactive steps to lock the liquidity before the presale concludes, ensuring the platform’s stability.

Uwerx recently unveiled a ten-page PDF showcasing the latest updates on the Alpha platform. This comprehensive guide covers various features, including signing up, logging in, password recovery, hiring dashboard, and activity management. Keep an eye out for upcoming updates. 

The team is actively preparing for a seamless transition from the Alpha platform to the upcoming Beta phase, introducing new features and improvements to enhance the user experience. Uwerx appreciates your feedback, so please don’t hesitate to share your thoughts at feedback@uwerx.network.

To capitalize on the current market conditions and secure WERX tokens, take advantage of the 15% bonus available by clicking the links below:

Presale | Telegram | Twitter | Website

After several days of depressing price movements, bitcoin finally went on the offensive and shot up by almost $2,000 in the past 24 hours to register its highest price tag since June 8.

Expectedly, this has resulted in millions of dollars worth of liquidations, with short positions representing almost 80%.

Following the SEC’s lawsuits against the two largest crypto exchanges – Binance and Coinbase – as well as the CPI numbers from Wednesday and the Fed’s pivot from its interest rate hiking policy, bitcoin’s price performance was quite underwhelming.

The asset recently charted its lowest price tag in three months. The altcoins, though, suffered even more, and the total crypto market cap had declined by $130 billion within less than two weeks at one point.

However, the bulls finally have a cause for celebration. The past 24-48 hours have been significantly more beneficial for the entire market.

BTC had recovered some ground and stood at $25,500 after BlackRock’s filing for a Bitcoin Spot ETF. After a minor setback yesterday and a dip to $25,200, the cryptocurrency went on a tear and skyrocketed to a 9-day high at $26,800.

Needless to say, most altcoins have mimicked or even outperformed BTC on a daily scale, with Solana, Polygon, Ethereum, Aptos, and Algorand jumping by up to 9%. QNT has soared the most from the larger-cap alts, following a 20% surge.

This has harmed mostly short traders. The total value of liquidated positions stands at over $90 million on a 24-hour scale, while short traders are responsible for more than $70 million (approximately 80%).

Bitcoin and Ethereum have the largest share of the pie, with almost $50 million out of the entire $90 million, according to Coinglass.

BTCUSD. Source: TradingView

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