LIGHT (Light) fell 13.71% in the last 24 hours.

Gate News Bot news, on September 29, according to CoinMarketCap data, as of the time of writing, LIGHT (Light) is currently priced at $0.91, down 13.71% in the last 24 hours, with a high of $1.19 and a low of $0.01. The 24-hour volume reached $7.76 million. The current market capitalization is approximately $455 million, a decrease of $72.3478 million compared to yesterday.

Heaven is a creative lifestyle platform, and LIGHT is its native token. The platform aims to provide an incubation space for creative ideas, where users can create, share, and explore various innovative concepts.

Important recent news about LIGHT:

1️⃣ Gate's global launch causes significant price fluctuations LIGHT was globally launched for spot trading on the Gate platform on September 27, 2025. This significant event greatly enhanced LIGHT's visibility and liquidity. On the launch day, the price of LIGHT soared by over 6000%, followed by a substantial pullback in a short period, reflecting the market's high attention and speculative sentiment towards newly listed tokens.

2️⃣ Enhanced market depth support for diversified trading functions Gate launched multiple features including LIGHT perpetual contracts, leveraged trading, Yubibao wealth management, and collateralized lending on September 27. These diversified trading and investment options provide LIGHT with richer market depth and liquidity support, which is beneficial for attracting more types of investors to participate, but may also increase market complexity and volatility.

3️⃣ Launchpool activity stimulates short-term token demand Gate will hold the LIGHT Launchpool event from September 25 to 29, where users can participate by staking GUSD to share a reward of 168,068 LIGHT tokens. This event effectively stimulated short-term demand for LIGHT in the market, but after the event ends, it may lead some investors to choose to take profits, resulting in a price correction.

From a technical perspective, LIGHT has experienced significant price fluctuations in a short period, from a sharp rise to a substantial correction. Such extreme price movements are typically accompanied by high risk, and investors should closely monitor subsequent price trends and volume changes to assess its long-term value and market stability.

This message is not intended as investment advice; investors should be aware of market volatility risks.