Just now, a friend said that $LIT is doing pretty well. I took a look, and here are the key points:
On-chain data analysis:
1. Typical spot trading, increasing buy pressure.
2. Since yesterday morning, many unknown wallets (which could also be the project team) have been pooling LP stakes, adding liquidity.
3. The v4 pools of
#coinbase and
#uni started seeing substantial trading volume from around 11 PM last night.
Regarding news:
1. #Musk's $SPCX listing has led to a massive surge in DEX trading volume, boosting platform tokens (like
#LIT and $HYPE ).
2. Yesterday,
#LIT launched
#AtomicOrders (atomic orders),
#AdvancedTWAP (time-weighted average price orders), and cross-margin trading.