Lighter (LIT) token fell over 11% in 24 hours, dropping from $1.663 to $1.4725, driven by a 20% rise in sell volume and a sharp decline in trading activity. The number of daily active traders halved in a week, and spot trading volume plunged from $1.738 billion to just over $531 million, hitting monthly lows. Price formed a bearish head-and-shoulders pattern and broke below key support levels, signaling possible further declines to $1.50 or lower. However, signs of bear exhaustion appear, and recovery depends on holding above $1.50 and reclaiming resistance levels. This decline reflects broader weakness across decentralized exchange tokens.
Lighter (LIT) saw a 13% peak rally driven by nearly $1 million in recent protocol revenue and strong Spot buyer interest totaling $54.6 million inflows. Retail traders led the surge, though whale participation increased, supporting leveraged position...
Zcash surged 10.81% to $554.67, leading the altcoin rally thanks to recent upgrades improving its security features. Other altcoins like Lighter and Pump.fun also posted notable gains, reflecting growing interest in niche crypto projects. Meanwhile, ...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
Provenance Blockchain (HASH) led gains on July 14 with a 16.54% price surge to $0.009461, driven by its focus on financial services using distributed ledger technology. Other notable gainers included Beldex (BDX) up 15.97%, NEAR Protocol rising 4%, a...
Bitcoin fell about 1.4% to around $63,000 as renewed US-Iran hostilities caused risk-off sentiment, leading traders to take profits after a recent rally. Despite the drop, Bitcoin remains within its $59,000 to $66,000 trading range and has seen its f...
