How will the reduction of the “digger” award affect LTC in 2019?

At the beginning of2019, Litecoin may show an aggressive jump, as in August, the “reward” for miners for cryptocurrency mining was halved. Today, Litecoin ranks fifth in the ranking of the largest digital currencies, and is second to EOS. Currently, we can observe the growth of the LTC rate, which is approximately $44.25. On February 11, Litecoin could have actually broken through the shocking $50 mark, but the coin stopped at just over $48. Then, the Litecoin rate started to decline, its capitalization dropped to $2657 billion. If we take the value for the year, LTC grew by 56%, and at the end of 2018, it was trading at $20. The race began in early 2019, and by the end of that week, the cryptocurrency jumped by 7%. In August, the miners’ “reward” is expected to decrease from 25 to 12.5 LTC, which will lead to a clear decrease in the amount of currency on the current market. A similar decrease in supply was recorded back in August 2015. Between January and July 2015, the litecoin rate rose from $1.12 to $8.72. At that time, traders were buying LTC coins before the reward dropped by half, namely from 50 to 25. After that, the bear market began to prevail, pushing the cryptocurrency below $4. With the expectation of a repeated period of reward reduction, traders are rapidly buying Litecoin. For this reason, almost all industry analysts predict that the dynamics of growing purchases will continue until July 2019.