Cryptocurrencies Price Prediction: Litecoin, Shiba Inu & Lido — Asian Wrap 19 April
|Litecoin could display strong performance ahead of its next halving event
Litecoin is approaching its next halving, an event scheduled to occur every 840,000 blocks, according to the network’s predetermined halving schedule defined in its protocol. The first LTC halving date was in 2015 followed by the last one in 2019. Based on the prediction, the next occurence should be on August 3, 2023. Following the event, LTC mining rewards (LTC block) will be reduced from 12.5 LTC to 6.25 LTC.
Shiba Inu price observes no considerable gains in over two weeks, SHIB holders resort to this
Shiba Inu price has been one of the most disappointing charts to look at since the altcoin has been registering weak gains since the early days of March. While many investors considered it to be the calm before the alt season storm, at the moment, it seems like the meme coin has just gone quiet. In response, SHIB holders are taking appropriate actions.
Lido could use ARB airdrop to incentivize liquidity providers in wstETH pools on Arbitrum via DAO vote
The Lido DAO community is set to vote on operational and strategic topics concerning how to claim and make valuable use of ARB tokens. More specifically, the vote will determine whether to accept Arbitrum’s airdrop and if the claimed ARB tokens could serve as emission rewards for incentivizing the adoption of wrapped staked Ether (wstETH) across the Arbitrum network.
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