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LIT surged past $3.4 before the market opens. What does the forecast market expect for its performance after listing?
【Crypto World】LIT is about to go public, and market reactions are divided. The pre-market price has already reached $3.423. Based on the current circulating supply, the fully diluted valuation (FDV) is $3.423 billion. But does this mean there is still room for further growth?
The prediction market gives a less optimistic answer. On a well-known prediction platform, the current support probability that the FDV will exceed $3 billion one day after LIT’s listing is only 47%—in other words, the market believes there is more than a 50% chance that LIT will fall below this valuation after listing.
This prediction is also quite popular, with participating funds accumulating to $50.4 million. This indicates that investors are generally cautious about LIT’s listing trend, not fully optimistic about a surge nor bearish, but rather seeing significant uncertainty. Based on the pre-market price of $3.4, if the FDV truly drops below $3 billion, it means the price would have to go lower. The current market sentiment can be described as “wait-and-see.”