Robinhood Listing Sparks Lighter Rally: Token Recovers After 15% Dip
BeInCrypto
Lighter's LIT token recovered after a 15% dip following its listing announcement on Robinhood.Summary
Robinhood has listed the Lighter DEX's native token, LIT, which subsequently sparked a rally, causing the token to recover after experiencing a 15% drop on Thursday. The initial price decline followed the announcement of Lighter's highly anticipated LIT staking feature rollout, which allows holders to earn rewards. Despite the preceding crash, news of the Robinhood listing spurred a swift recovery, with the LIT token trading around $2.09 on MEXC exchange at the time of reporting, awaiting full availability on Robinhood.
(Source：BeInCrypto)