@maouu
$LIT is currently trading around a $3.5b fdv (pre-market)
but what should we expect at tge? i’m very curious too. there’s noise about lighter everywhere, and the launch is most likely happening next week
> lighter has massive potential to become a tier-1 perps platform
> lighter did $4.754b in volume over the last 24h, but revenue is still weaker compared to hyperliquid
> buybacks are announced, but they’re not aggressive compared to hyperliquid
post-tge scenarios:
bearish (fdv below $1b): price sells off right after listing, real demand never materializes, and the market refuses the implied valuation
neutral: tge is followed by sell pressure from the airdrop and weak market sentiment. price stabilizes into a consolidation range, with a breakout only coming once conditions improve, targeting $4-7b fdv
hype-driven: an explosive start pushes fdv to $6b+, then momentum fades and distribution begins as fomo cools off and buyers step back.