Lighter's LIT Token Faces Trader Debate Over $3B Valuation Post-Launch
Following its launch, Lighter's LIT token has sparked debate among traders regarding its fully diluted valuation (FDV). Prediction markets indicate that traders are largely estimating the value to be between $2 billion and $3 billion. However, odds for higher valuations, specifically $4 billion and $6 billion, have reportedly decreased since the market downturn in October. The market's assessment of LIT's value reflects the uncertainty and volatility often associated with new token launches and the broader cryptocurrency market's fluctuations.
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