Haciyev Reşit 
One of the leading figures in the cryptocurrency market, Tron founder Justin Sun, made notable statements about an altcoin in his portfolio. Sun stated that he still holds the Lighter (LIT) tokens he previously purchased in large quantities and that his long-term confidence in the project remains intact. He also announced that he plans to buy more LIT tokens in the near future. Sun’s statement has renewed interest among Lighter (LIT) investors and increased market expectations surrounding the token. In the crypto market, statements made by large investors can often boost interest in a project and may also influence short-term price movements. Analysts note that positive comments from influential figures like Justin Sun can play an important role in shaping investor sentiment.
Justin Sun Has Not Sold His LIT Tokens
In his statement, Justin Sun confirmed that he still holds all the Lighter (LIT) tokens he purchased earlier in his wallet. He emphasized that he maintains a long-term position in LIT and remains optimistic about the project. This suggests that Sun is focusing on the project’s long-term potential rather than short-term price movements. The well-known crypto entrepreneur also mentioned that he has rebalanced his portfolio and plans to reinvest in Lighter tokens soon.
“I still hold all the LIT tokens I purchased. I maintain my long-term long position in Lighter and plan to buy more soon.”
This statement indicates that Sun continues to trust the project, while the market closely monitors the buying plans of major investors. Analysts say that such statements can significantly increase investor interest, especially in the altcoin market. Earlier this year, Justin Sun made a major investment in the Lighter (LIT) token. According to available data, Sun purchased approximately 13.25 million LIT tokens worth about $33 million. This amount corresponds to roughly 1.33% of the total LIT supply and 5.32% of the circulating supply, making Sun’s influence on LIT particularly significant.
“HODLer” Comment from the Lighter Founder
During a recent Q&A event, Litentry (LIT) founder Vladimir Novakovski also made an interesting comment about Justin Sun. Novakovski emphasized Sun’s approach to the project and his long-term investment strategy, describing him as a “HODLer.” In the crypto world, the term “HODLer” refers to an investor who holds their assets for a long period without being affected by short-term market fluctuations, maintaining strong confidence in the project.
Novakovski’s comment was interpreted as an important indication of Justin Sun’s long-term commitment to the LIT token. Moreover, the fact that a well-known industry figure has invested in the project and continues to hold the tokens is considered a reassuring signal for investors. Analysts note that statements highlighting the commitment of major investors can strengthen community support and increase market interest in a project.
Latest Situation in the LIT Price
Despite Justin Sun’s statements, the price of Lighter (LIT) has dropped by approximately 6.6% in the past 24 hours. At the time of writing, the LIT token is trading at around $1.20. Analysts state that while statements from large investors can influence prices in the short term, the long-term performance of the token will ultimately depend on the project’s development and overall market conditions. Justin Sun’s comments about the Lighter (LIT) token have once again drawn market attention to this altcoin. His decision to continue holding all his tokens and his plan to make additional purchases are seen by investors as a sign of confidence in the project. How the LIT price will react in the coming period will largely depend on the overall direction of the crypto market and future developments within the project.3
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