2.4K @VietnamPenguin Enough time has passed to judge whether $LIT is the new $HYPE or not.
Just look at both tokens price action during the first 40 days after TGE:
HYPE: $3.5 → $25 (+614%).
LIT: $2.5 → $1.61 (-36%).
Draw your own conclusions. Maybe the next major “LighterEVM” deployment will change everything.
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11.7K @ezeroho8245 LIT
- The LIT token is currently being staked with 103 million.
- More than 40% of the circulating supply is being staked.
- Unlocking takes 3 days.
- The staking APR is 9.64% and is steadily increasing.
- A tiered fee structure proportional to the staked amount has been implemented, expected to increase staking.
- Recent crypto market volatility has led to increased profits and a surge in buyback volume.
- Approximately 2% of the circulating supply has been bought back and buybacks continue.
- If the combined staking and buyback amount exceeds 60%, it should be positive for the price.
- HYPE also has significant upside potential, so a surge in HYPE is expected to lift LIT as well.
(This is a personal opinion, not investment advice. Please make your own investment decisions.)
11.7K @ezeroho8245 LIT cumulative buyback volume 4,698,335 LIT https://t.co/fabuD2fx2V
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12.8K @Rencrypta What’s the forecast of free float $LIT for next week and next month? (using AI Chat GPT model)
$LIT on Lighter is running a staking + buyback squeeze
Now
• Staked: 102.3m $LIT (APR 9.78%)
• Buyback wallet: 4.684m
• Free float 143m (57%)
• Circ supply 250m
7 days (base)
• Staked: ~114m
• Buyback wallet: ~5.5m
• Liquid float: ~130m (52%)
• Price (based on float free): ~$1.9
30 days
• Staked: ~145m
• Buyback wallet: ~8.1m
• Liquid float: ~97m (39%)
• Price (based on float free): ~$2.5
1 year
Staked: ~171m
Buyback wallet: ~36m
Liquid float: ~43m
Lighter flywheel soon!
12.8K @Rencrypta Bayback wallet:
At $1.62 per $LIT, $197k/day ≈ 122k $LIT/day.
Roughly:
~0.84m LIT/week
~3.4m LIT/month
Assuming buyback budget stays near ~$197k/day, the buyback wallet could grow from 4.684m to
~5.5m (7d)
~8.1m (30d)
~36m (12m)
12.8K @Rencrypta Base-case projection (fits the post-spike trend + saturation, and assumes most staking rewards get restaked):
• 7D staked: ~114m
• 30D staked: ~145m
• 12M staked: ~171m
12.8K @Rencrypta Now the fun part: liquid float.
Today: 250m circ – 102.3M staked – 4.684m buybacks ≈ 143m free $LIT.
Projected free float:
~130m (7d)
~97m (30d)
~43m (12m)
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