LIT Token Plummets 66% in One-Hour Flash Crash

Key Facts

LIT token experienced a sharp 66.65% decline to $0.11262 within a single hour on October 16, 2026. TokenPost reported that the sudden price slide saw the asset drop from $0.337657, marking a massive liquidation that wiped out over two-thirds of its value in a very short window.

The cryptocurrency exhibited extreme volatility, trading between a 24-hour low of $0.110539 and a high of $0.337799, with the reported crash leaving the price near the bottom of that range. While the most intense drop occurred in one hour, the token recorded a 3.64% loss over the full 24-hour period, during which trading volume reached $15,557.22 and the market capitalization stood at approximately $5.08 million.