LFNTY Coin has gained by 20,000% in the past 24 hours, with the altcoin currently trading at $1.6521 on the Solana-based Orca decentralized exchange.
It listed on Orca only yesterday, trading against USDC and opening at a price of $0.005964.
The coin’s fundamentals, based on Lifinity’s status as a Solana-based automated market maker, should help the coin to continue seeing growth in the short and longer term.
However, it isn’t the only promising new altcoin in the market, with Bitcoin ETF Token’s successful presale suggesting that it could rally big once it lists on exchange in the New Year.
Since listing on Orca, LFNTY Coin has experience some strong and steady price growth, with the token shooting up to about $1.09 within a couple of hours.
And unlike many of the hot listings DEXTools tracks, LFNTY definitely doesn’t look as though it’s going to suffer a sudden dump.
Indeed, its price has survived brief dips and continued rising since its listing yesterday, with its trading volume also remaining relatively consistent.
One point in LFNTY’s favor is that it has been open for trading since late 2022, meaning that it isn’t some flash-in-the-pan meme token that will collapse as soon as its founders have made enough of a profit.
Instead, it’s the utility/exchange token of the Solana-based Lifinity AMM, giving it an actual use case.
♾ New Milestone ♾
Lifinity's lifetime volume has crossed $5B!
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