CoinScoopLighter [LIT] Rebounds Above $4 Following Market Clarification
Lighter [LIT] has recovered to approximately $4.05, an 8.4% daily increase, after dropping to $3.60 following news of Robinhood's perpetual futures partnership with Bitstamp. CEO Vlad Tenev clarified that Bitstamp was selected for its regulatory compliance, easing market concerns. On-chain data shows a recovery in capital inflows, with Lighter Xyz recording $14 million in net inflows on October 1st, and perpetual futures volume reaching $2.4 billion.
Summaries are written by AI from the original article. Not investment advice.