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GM CT 🌤️ This a lil update bout $LIT $LIT post TGE upside looks capped at ~2–4x from $3.30, realistically chilling around $7–13 ($7–13B FDV) if perps momentum stays alive. Solid run potential, but don’t expect a full HYPE rerun the space is crowded and the airdrop float is pretty heavy. Why it can still send: •Perps are heating up → sector TVL up +15% WoW to $1.5B+. •LIT is farming hard: zk-L2 + zero fee edge pulled $1.45B in assets and $168M annualized revenue. •If 20–30% of supply gets locked in staking at ~30% APY, that’s a legit supply squeeze setup. •CT sentiment ~75% bullish → 700K farmer base + a16z backing = strong narrative fuel. Where it gets shaky: •Post launch volume down ~20% to $250M → hype is clearly cooling. •Without fresh catalysts (Bybit / Coinbase listings, etc.), upside continuation gets harder. Spicy positioning: •Whale long spotted: ~$773K at 5x leverage. •OI up 52% to $11M → short squeeze potential, giving early-HYPE type vibes. Bottom line: Not a giga moonshot, but a clean, tradable move if perps momentum holds. Trade the volatility don’t get married to it.