$LIT What $LIT Needs to "Catch Up" with $HYPE?
To close the gap from $1.22 to $41.28, Lighter needs to achieve three specific things:
The "Hype" Liquidity: $HYPE has $7.3B in Open Interest; Lit has $1.4B.needs to 5x its active traders.
Revenue Burning: $LIT is already doing buybacks (7.5M tokens so far). To hit $41, it would need to start burning tokens permanently to reduce that 1B supply, similar to how $BNB or $HYPE manages its scarcity.
The "Release" Bounce: If tomorrow's March 20th "Release" causes $HYPE to crash (due to its high valuation) while lit stays stable at $1.22, the "Catch Up" process begins simply through $HYPE coming back down to earth.
To close the gap from $1.22 to $41.28, Lighter needs to achieve three specific things:
The "Hype" Liquidity: $HYPE has $7.3B in Open Interest; Lit has $1.4B.needs to 5x its active traders.
Revenue Burning: $LIT is already doing buybacks (7.5M tokens so far). To hit $41, it would need to start burning tokens permanently to reduce that 1B supply, similar to how $BNB or $HYPE manages its scarcity.
The "Release" Bounce: If tomorrow's March 20th "Release" causes $HYPE to crash (due to its high valuation) while lit stays stable at $1.22, the "Catch Up" process begins simply through $HYPE coming back down to earth.