Lighter is implementing daily buybacks of its LIT token, maintaining the price above $3.94. This strategy, funded by a $250 million float, helps stabilize LIT’s market performance. Hyperliquid’s potential involvement in this scenario could amplify a short squeeze, according to social media reports. Prediction markets reflect these dynamics, with a 58.5% probability that Hyperliquid reaches $100 by year-end, down from 65% twenty-four hours ago.
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