logo

ChainThink

Stay ahead, master crypto insights

The Founder of Rollup: If LIT's Fully Diluted Valuation Reaches $2 Billion, We Will Choose to Buy In

The Founder of Rollup: If LIT's Fully Diluted Valuation Reaches $2 Billion, We Will Choose to Buy In

2025-12-29 10:26

View Original

ChainThink message, December 29: The founder of The Rollup, Andy, stated that after the initial token volatility has been absorbed, Lighter's open interest (OI) is likely to drop by over 20%, and trading volume may decline by more than 30%. The current market environment is not bullish but rather range-bound and bearish, presenting an overall pessimistic outlook. Nevertheless, if LIT’s fully diluted valuation hovers around $2 billion, I would still choose to buy.

#Bull Market#Rollup

Disclaimer: Contains third-party opinions, does not constitute financial advice

Recommended Reading
Lighter Founders Hint at Introducing Turing-Complete ZK Circuits
Lighter Founders Hint at Introducing Turing-Complete ZK Circuits
The largest on-chain LIT long position remains firmly bullish, targeting above $4.1, while Polymarket betting on "post-listing valuation exceeding $4 billion" sees a slight increase in probability.
The largest on-chain LIT long position remains firmly bullish, targeting above $4.1, while Polymarket betting on "post-listing valuation exceeding $4 billion" sees a slight increase in probability.
Trading operators enter short positions on LIT, with liquidation price at $6.008
Trading operators enter short positions on LIT, with liquidation price at $6.008
A whale has 3x longed 500,000 LIT tokens, worth $1.83 million
A whale has 3x longed 500,000 LIT tokens, worth $1.83 million
A major whale offloads 100,000 HYPE tokens, then longs 500,000 LIT via TWAP
A major whale offloads 100,000 HYPE tokens, then longs 500,000 LIT via TWAP
Lighter Founder: Previous Large LIT Token Transfers Unrelated to Airdrop; App May Launch Within Next Few Weeks
Lighter Founder: Previous Large LIT Token Transfers Unrelated to Airdrop; App May Launch Within Next Few Weeks
Lighter: Sybil account scores will be redistributed to qualified traders, and the dual-token/ownership structure will not be adopted in the future
Lighter: Sybil account scores will be redistributed to qualified traders, and the dual-token/ownership structure will not be adopted in the future