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Currently, there is a prediction about Lighter on Polymarket.
What will be the market cap (FDV) of Lighter one day after its listing?
The funds buying YES are approximately $30 million.
Most of these are also orders placed by MM themselves.
Yesterday, I saw the following picture of the Lighter European and American team.
Not sure who shared it, but among them, the Indian member is highly valuable.
A few days ago, the team heavily scrutinized the brother who opened the halftime champagne and cursed the witch.
Now, $LIT 's pre-market contract has a market cap of over $3 billion.
What if, at opening, it directly drops by $1 billion?
It would severely harvest the $30 million YES funds in the prediction market.
What to do? @Polymarket