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That $500% surge everyone's talking about? Here's what you actually need to know.
There's a critical distinction being missed in the market right now. Two tokens with confusingly similar names are circulating, but they're anything but the same.
$LIGHT has documented red flags—it's structured as a scam token designed to drain holder wallets through various mechanisms. Meanwhile, $LIT represents the legitimate alternative, the one positioned for the projected upside move.
This matters because retail traders keep getting trapped in the wrong positions. The +500% potential isn't random hype; it's tied to specific tokenomics and project fundamentals. But you'll only capture that move if you're holding the actual asset, not its counterfeit duplicate.
The takeaway? Before chasing any narrative-driven rally, verify what you're actually buying. Check contract addresses, liquidity patterns, and holder distribution. Token naming confusion isn't accidental—it's a deliberate strategy scammers use to siphon capital from unsuspecting investors.
Don't become another cautionary tale. Do your due diligence on $LIT versus $LIGHT before entering any position.