Litecoin Mascot (#LESTER ) Surges to $120M Market Cap in 48 Hours
A new Solana-based meme token, #LitecoinMascot (LESTER), saw massive growth, reaching a $120 million market cap within 48 hours of its launch. In its first 10 hours of trading, LESTER achieved a $40 million market cap, with over $62 million in trading volume. Its price surged by over 700% in 24 hours, and it secured listings on exchanges such as Gate.io.
The token's rise was fueled by social media buzz, following a humorous announcement from the official Litecoin account calling itself a "#memecoin ." The playful interaction between Litecoin, Dogecoin, and popular meme accounts, including Greg's creation of the "Lester" character, helped propel the token into the spotlight. Although not officially tied to #Litecoin , the token gained significant traction thanks to community engagement and the broader meme coin rally.