$lit
-7.57%
$hype
-10.99%
growth metrics on lighter outperforming competitors recently, despite its price action. โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€” 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.
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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.

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