LIT has officially launched with a fully diluted valuation (FDV) of $2.41 billion. Despite the launch, prediction markets remain active, with a notable shift in betting patterns. The proportion of bets predicting the FDV will exceed $2 billion in a day has decreased from 85.5% to 76.3%. Meanwhile, the likelihood of the FDV reaching $4 billion or more has significantly dropped, with only 7% of participants optimistic about such a surge, down from 23%. The prediction market's top holder, known as "Nijntje," has become a prominent figure, holding 414,000 Lighter shares valued at approximately $327,000. This individual is recognized for their focus on new coin valuations and airdrop predictions, maintaining 16 positions in related topics. The dynamics of the market suggest potential influence from project teams or large investors, which could impact outcomes.
LIT Launches Amidst Active Prediction Market Betting
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