Lighter(LIT) trading volume may decline by 30%, but at a valuation of $2 billion, it might be worth paying attention to

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【Blockchain Rhythm】The recent token fluctuations of the Lighter project have come to a halt. Some analysts point out that in the upcoming market, the project’s open interest (OI) is likely to drop by over 20%, and trading volume may decline by more than 30%.

Honestly, the current market environment is not very ideal. It doesn’t show obvious signs of a bull market; instead, it presents sideways movement or even a slightly weak trend. The overall atmosphere is indeed a bit dull.

However, this doesn’t mean there are no opportunities. The key is to look at valuation. If the fully diluted valuation of LIT can stay around $2 billion, it could actually be a good entry point. Downturns are often opportunities; it all depends on whether you can stick to this judgment.

LIT-42,25%
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CryptoMotivatorvip
· 12-29 02:48
A valuation of 2 billion can really be a good entry point, but I'm just worried about maintaining the right mindset.
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SmartContractWorkervip
· 12-29 02:35
The decline in trading volume basically means the market lacks momentum. With a valuation of 2 billion, it still feels like we need to wait and see. Currently, the risk of bottom-fishing is quite high.
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