Lighter (LIT) price hits new all-time high amid heavy wash trading and thin retail float.

Lighter (LIT) surged 11.64% to $3.84 on Sept. 3, 2026, reaching a new all-time high with no confirmed catalyst. The rally is driven by momentum in a thin retail float, with 83.3% of volume flagged as wash trading. Key factors to watch include whether exchange outflows continue and if accumulation wallets start selling. The price action reflects price discovery rather than a recovery, but sustainability depends on organic demand rising amid high wash trade activity.