Lighter’s LIT token faces $2B–$3B valuation debate after airdrop
Lighter’s LIT token has not yet begun open trading, but the market has already drawn a sharp line around its valuation after Tuesday’s airdrop. Traders are split on whether the new governance token of the Ethereum-based Layer 2 decentralized exchange (DEX) deserves a fully diluted valuation closer to $2 billion or $3 billion. Fully diluted...
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