Traders split over whether Lighter’s LIT clears $3 billion FDV after launch

As the market anticipates LIT's future, traders are divided over whether its market cap will exceed $3 billion. Prediction markets show a clustering around the $2 billion to $3 billion range, with the odds for higher outcomes diminishing after the October crash. This split in sentiment reflects the underlying uncertainty, where some believe LIT’s launch could live up to high valuations, while others caution against potential overvaluation. The current volatility in prices implies that traders should remain vigilant for short-term trading opportunities while monitoring price trends and volume closely.