Lighter, a decentralized exchange, has seen a flurry of activity surrounding its cryptocurrency,
LIT Coin. The valuations of LIT Coin are under debate, with estimates ranging between $2B-$3B, following their airdrop. Furthermore, the LIT Coin has been listed on
Coinbase as its price approaches $3. Future projections predict that the value of LIT could reach $5 by February 2026. Lighter has imposed mandatory staking for LIT Coin, emphasizing the role of ERC-20 Tokens in Web3. As Users embark on this compulsory staking journey, LIT Coin price surged 13% in one day. After $675 million worth of token airdrop, $250M was pulled out of Lighter in a day. Despite this, LIT Coin's price continues to rise following buyback and multiple exchange listings.
Justin Sun, the founder of TRON, expresses interest and makes bold investment moves in LIT Coin, causing ripples in the crypto market. Amid this hype, LIT Coin has entered a heated valuation debate. Despite recent market downswings and other cryptos diving, LIT Coin has managed to stay afloat. Crypto whales have placed bets of $10M on the new trading token just a day after its debut. As the project initiated a 25% airdrop to its users, the LIT Coin went live but the price slid by 30%. However, it has since generated significant interest, outperforming Hyperliquid in trading.
LIT Coin News Analytics from Wed, 09 Jul 2014 08:01:47 GMT to Fri, 16 Jan 2026 08:00:00 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -1