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ajey.lit (Perp Dex arc)

Following0Followers (X)5.17KPosts183Likes3.94K
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Lighter just hit 9K TPS. You can tell me how much TPS Solana has or how much other chains can handle. what matters? Imagine a market with 10/10 volatility and extreme manipulation. Lighter is built to handle that kind of environment. That’s it. Lighter 🕯️ https://t.co/43xYlwK8QR

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$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 🕯️

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Everything is fucked right now. Only $LIT is looking good to me. The reason is simple product and the team. You won’t believe how good this team is at what they do. They’re shipping new features almost every week and announcing new partnerships regularly. And you can see the results in Lighter’s metrics. They’re showing exactly why LIT holders have reasons to believe in this ecosystem. That’s it. Lighter 🕯️

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RiseX is giving me early Variational and Lighter vibes. https://t.co/pspP2TbWd1 Recently, I noticed the XRP team becoming active on X, while the RiseX founders have also started building hype around the same logo. According to some reports, RiseX raised funding at a $500M valuation. They also recently announced 20% extra points for the XRP market. I don’t think these are random moves. If my theory is right, things could get way much higher from here.