Lighter(LIT) trading volume may decline by 30%, but at a valuation of $2 billion, it might be worth paying attention to

【Blockchain Rhythm】The recent token fluctuations of the Lighter project have come to a halt. Some analysts point out that in the upcoming market, the project’s open interest (OI) is likely to drop by over 20%, and trading volume may decline by more than 30%.

Honestly, the current market environment is not very ideal. It doesn’t show obvious signs of a bull market; instead, it presents sideways movement or even a slightly weak trend. The overall atmosphere is indeed a bit dull.

However, this doesn’t mean there are no opportunities. The key is to look at valuation. If the fully diluted valuation of LIT can stay around $2 billion, it could actually be a good entry point. Downturns are often opportunities; it all depends on whether you can stick to this judgment.