Lighter burns 2.45M LIT worth $9.5M as token gains 10%
- —2.45M LIT burned, worth $9.5M — 0.98% of circulating supply
- —LIT up over 10% in 24 hours after a brief correction
- —Sector RWA perpetual futures volume rose to $4.25T year-to-date
- —Altcoin Season Index hit a yearly high of 65
Why it matters: The supply cut can support prices only if demand holds; LIT needs a break above $4 to confirm a reversal.
Source: AMBCrypto