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$LTC Litecoin Affirms "Hard Money" Status, 91% of Supply Already Mined, Only 9% Left for the Next 100 Years
Amidst the backdrop of many crypto projects continuously unlocking tokens and causing supply inflation, the official Litecoin account has just issued a strong statement regarding the scarcity and "Hard Money" nature of this veteran coin.
{future}(LTCUSDT)
🔸 Litecoin reaffirms the core rule of its protocol: Only 84 million LTC will ever exist. It commits that no more than this number will ever be created. This ensures LTC cannot be printed endlessly or inflated like fiat currency.
🔸 Network data reveals an interesting fact about distribution speed. Approximately 91% of all Litecoin has already been mined and is circulating in the market. The remaining 9% will become extremely scarce, as it will take over 100 more years to be fully released.
🔸 The final message Litecoin wants to emphasize is: "A fixed supply is crucial for hard money." In the digital era, mathematically programmed scarcity is the factor that creates long-term store of value.
With 91% of the supply already in market hands and new supply becoming increasingly scarce, how do you assess the long-term price potential of "Digital Silver"?
News is for reference, not investment advice. Please read carefully before making a decision.
Amidst the backdrop of many crypto projects continuously unlocking tokens and causing supply inflation, the official Litecoin account has just issued a strong statement regarding the scarcity and "Hard Money" nature of this veteran coin.
{future}(LTCUSDT)
🔸 Litecoin reaffirms the core rule of its protocol: Only 84 million LTC will ever exist. It commits that no more than this number will ever be created. This ensures LTC cannot be printed endlessly or inflated like fiat currency.
🔸 Network data reveals an interesting fact about distribution speed. Approximately 91% of all Litecoin has already been mined and is circulating in the market. The remaining 9% will become extremely scarce, as it will take over 100 more years to be fully released.
🔸 The final message Litecoin wants to emphasize is: "A fixed supply is crucial for hard money." In the digital era, mathematically programmed scarcity is the factor that creates long-term store of value.
With 91% of the supply already in market hands and new supply becoming increasingly scarce, how do you assess the long-term price potential of "Digital Silver"?
News is for reference, not investment advice. Please read carefully before making a decision.
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