- Solana-based meme token Litecoin Mascot (LESTER) reached a $160 million market cap within 48 hours of its trading launch
- LESTER’s price surged over 700% in the first 24 hours, with daily trading volume exceeding $164 million
- LESTER secured listings on multiple crypto exchanges, including Gate.io, after gaining traction from social media interactions between Litecoin, Dogecoin, and popular meme accounts
Solana meme coin Litecoin Mascot (LESTER) just hit a $160 million market capitalization within 48 hours of its trading launch, according to data from GeckoTerminal.
Rapid Growth from Social Media Buzz
In its first 10 hours of trading, LESTER achieved a $40 million market cap with over $62 million in trading volume. The token’s price has surged over 700% over the past 24 hours, with daily trading volume exceeding $164 million. LESTER has secured listings on crypto exchanges including Gateio.
LESTER was launched on the pumpfun platform after the Litecoin account humorously declared itself a memecoin amid a recent rally in meme coins. In response, Dogecoin, a well-known memecoin featuring the Shiba Inu dog mascot, offered its support by suggesting the creation of Litecoin-themed memes.
Popular meme account Greg joined in, crafting a simple stick figure meme named “Lester.” While not officially associated with the Litecoin team, LESTER gained momentum from the social media interactions between Litecoin, Dogecoin, and Greg, as well as enthusiastic responses from the crypto community. Litecoin’s native token LTC also experienced price and volume increases following these exchanges.
