Lighter (LIT) surged 20% in 24 hours, pushing its weekly gain to 52% to reach $3.7760. Two catalysts fueled this move: founder Vladimir Novakovski’s appointment to the CFTC Innovation Advisory Committee in the United States, and the LIT/KRW listing on Upbit, South Korea’s dominant exchange, launching on August 24. Open Interest on LIT futures climbed 25.37% to $332.4 million, while 24-hour liquidations totaled $2.42 million, with short positions accounting for $1.96 million. The RSI at 77.81 indicates overbought conditions, with the next resistance at $3.77 before a potential test of the $4 psychological level, supported by the $3.20-$3.30 zone.
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