Lighter's LIT token FDV exceeding $3 billion sparks controversy

Lighter's LIT token has not yet started public trading, but its pre-market valuation has already sparked controversy, with predictions ranging from 2 billion to over 3 billion USD. The fully diluted valuation (FDV) of LIT has become a focal point of discussion, as its potential market value based on the maximum token supply may be misleading. Pre-market trading shows a valuation exceeding 3 billion USD, but prediction markets on Polymarket indicate uncertainty, with traders equally divided on whether LIT can surpass this valuation.