LIT Token Plunges | Crypto

LIT Token has fallen roughly 22% after Lighter’s airdrop distribution went live, with selling from recipients and leveraged traders. On-chain checks of 10,000 wallets have shown most cut balances, while perpetuals net flow has stayed negative as volume has surged. Tokenomics have drawn scrutiny too. The post LIT Token Plunges 22% as Lighter Airdrop Distribution Goes Live appeared first on Cryptonews.