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Are there any upcoming cryptocurrency splits anticipated for 2022?

avatarMartha KiguwaDec 17, 2021 · 3 years ago1 answers

Can you provide any information on the possibility of upcoming cryptocurrency splits in 2022? I'm interested in knowing if there are any major cryptocurrencies that are expected to undergo a split or hard fork next year. What are the factors that could contribute to such splits, and how might they impact the cryptocurrency market?

Are there any upcoming cryptocurrency splits anticipated for 2022?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, there are a few upcoming splits anticipated for 2022. One of the notable ones is the Litecoin MimbleWimble upgrade, which aims to improve privacy and fungibility. This upgrade is expected to result in a split, with the creation of a new cryptocurrency called Litecoin Private. While splits can create opportunities for investors to benefit from new coins, they also come with risks. It's important to do thorough research and consider factors such as community support, development progress, and market demand before investing in any split or hard fork.