growth metrics on lighter outperforming competitors recently, despite its price action.
โโโโโโโโโ
FDV / VOLUME
(based on 7D average)
lit โ 1.87 / 3.6 = 0.52
hype โ 24 / 5.8 = 4.13
FDV / OI
lit โ 1.87 / 1.43 = 1.3
hype โ 24 / 9.6 = 2.5
based on these metrics, $lit is clearly undervalued in comparison to $hype.
for several reasons, revenue comparisons are misplaced atm:
> different aproach, where lighter focuses on hypergrowth with lowest fees
> different utility. lighter introduced staking for LLP and other services. features not live and additional utilities still rolling out.
> potential growth with connections to tradfi. clear signs that this goes further than just speculations โ fastest robinhood listing after tge; US legally approved; recent conferende with Tom Lee / fundstrat.
with price being at ATL, think the opportunity just got better. if u believe that the crypto space has the best yet to come, with potentially eth/alts starting to outperform; a zk-l2 perp dex which such fundamentals and adoption makes a lot sense imo.



From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

