
$LIT is the 4th-largest coin by open interest on Lighter, with $73M in OI on its own DEX. And people are saying LIT is going lower. First of all, some major news is still ahead, so I think the chances of LIT dropping significantly are relatively low. But even if these clowns turn out to be right and LIT goes lower, I’ll fucking buy as much as I can, depending on my position size. That’s exactly why I don’t take these predictions seriously. Some people want LIT to go lower so they can accumulate bigger bags. And you really think Lighter could get a CFTC license and LIT would just keep going down? That’s it. Lighter 🕯️
