On December 29, Franklyn Richards, director of the Litecoin Foundation, stated that at 20:50 on December 26, Beijing time, BTC.com dug out the 64 million Litecoin at a block height of 1,760,000. This is the Litecoin network. An important milestone on the horizon. There are currently less than 20 million Litecoins to be mined, and half of them are expected to be mined in the next four years. In addition, the last Litecoin is estimated to be mined around 2142. According to litecoinblockhalf data, the current Litecoin network inflation rate is 4.19%, which is equivalent to mining about 7,200 new LTCs per day. Data show that Litecoin is expected to halve again on August 6, 2023.