Lighter Secures $68 Million in Funding at a $1.5 Billion Valuation, Supported by Founders Fund and Ribbit Capital in DeFi Sector
Funding and Valuation: Lighter secured $68 million in funding, achieving a valuation of $1.5 billion, with investments led by Founders Fund and Ribbit Capital, indicating renewed institutional interest in decentralized finance (DeFi) infrastructure.
Company Evolution: Founded by Vladimir Novakovski, Lighter transitioned from an AI-powered social networking app to a profitable decentralized trading network within two years, focusing on perpetual futures and preparing to launch spot trading.
Competitive Advantage: Operating on a Layer-2 network, Lighter benefits from enhanced transaction speed and cost efficiency, positioning itself favorably against competitors in the derivatives market.
Future Plans: With plans to expand its token offerings and introduce spot trading pairs, Lighter aims to evolve into a foundational layer for integrating digital assets with traditional markets, emphasizing trustless transparency in finance.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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