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Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch

A new Solana-based meme token called Litecoin Mascot (LESTER) has quickly gained popularity, reaching a market capitalization of $120 million within 48 hours of its trading launch. LESTER achieved a market cap of $40 million and a trading volume of over $62 million in its first 10 hours of trading. The token's price has surged over 700% in the past 24 hours, with daily trading volume surpassing $164 million. LESTER has been listed on Gate.io and gained momentum through interactions on social media between Litecoin, Dogecoin, and meme account Greg. Litecoin's native token, LTC, also experienced price and volume increases.

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