Lighter (LIT), a top-performing altcoin this week, fell about 16% in the last 24 hours following the SEC's decision to delay trading of tokenized stocks. This regulatory setback caused a drop in interest and open interest across exchanges, with whales selling more heavily than retail investors recently. LIT broke below a key support level at $1.25 and is now trading in a consolidation range, with technical indicators showing bearish momentum. However, the altcoin remains 30% up for the week, and a bounce could occur at lower Fibonacci retracement levels unless it falls below $0.80, which would invalidate the bullish outlook.
Tokens linked to real-world assets (RWA) and stable-value tokens reached new all-time highs recently, even as major cryptocurrencies like Bitcoin and Ethereum remain significantly below their previous peak prices. This divergence highlights a fragmen...
While major cryptocurrencies like bitcoin and ether have seen little change recently, tokens linked to perpetual-futures platforms such as Hyperliquid's HYPE have surged over 40%, driven by strong trading volumes and fee revenue. Privacy-focused coin...
Lighter (LIT) surged 45% over two days with trading volume up 87% to $70M, driven by Vitalik Buterin's mention, integration of Tealstreet trading terminal, and TON Wallet support. The platform also launched tokenized SpaceX pre-IPO markets, boosting ...
Lighter's native token LIT surged 11% following bullish technical signals like the Golden Cross and a strong Money Flow Index reading, indicating potential for further gains. However, LIT faces a key resistance level that has previously capped price ...
