LIT's airdrop this time is indeed quite large—around 600 to 700 million, ranking in the top ten in history. Interestingly, despite such significant selling pressure, the price did not plunge but instead moved higher. This indicates that the market has a certain capacity to absorb the sell-off.
Once this wave of selling pressure is fully digested, the subsequent potential is worth looking forward to. Given the current momentum, 5U should just be a basic target.
More importantly, as a platform token, LIT has natural advantages. Referring to how Aster launched Season 3, the platform aims to attract more users to participate, and boosting the token price is the most direct approach. Once a positive feedback loop is formed—price rises → platform data improves → revenue increases → token price continues to strengthen—the process gains momentum.
The performance of the platform token directly affects the overall ecosystem's attractiveness, which means that LIT inherently has the motivation to rise from a mechanism perspective.
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Layer2Observer
· 5h ago
Speaking of which, this level of commitment is indeed interesting; handling airdrops in the 600-700 million range is manageable... Let me see if the data can support this logic.
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LiquidityNinja
· 5h ago
Despite such heavy selling pressure, it has been held up, indicating that there is indeed capital supporting the market behind the scenes.
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5u basic target? That's a bit optimistic, it depends on the supporting data of real gold and silver later on.
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The logic of platform tokens has been said many times, but the key still depends on whether the ecosystem can get off the ground.
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After the big airdrop, the price actually rose. This operation is quite interesting... Is it because the story is well told or because someone is actually taking over?
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Positive feedback sounds very appealing, but the premise is that the platform can truly attract new users, not just self-satisfaction.
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TopBuyerForever
· 5h ago
Can it still rise despite such heavy selling pressure? It shows that it can't be pushed down, and the bagholders are really fierce.
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MrDecoder
· 6h ago
The selling pressure is so high that it still pushes upward, indicating that there are really a lot of bagholders.
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Is 5U just the basics? Let me see how high it can go.
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I've heard this logic about platform tokens too many times. The key still depends on whether the subsequent data can keep up.
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Positive feedback sounds good, but how many can really cycle?
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The 600 to 700 million selling pressure has been resisted; this buying momentum is indeed something.
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From a mechanism perspective, having motivation ≠ guaranteed increase; it still depends on market sentiment.
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Wait, is this really the same as Aster's approach? Or are they just storytelling again?
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Anyway, I’ll wait until I’ve digested everything before jumping in. Currently, I’m entering with a bagholder mentality.
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If there is strong support, there is indeed room for imagination later on.
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Platform tokens always follow this pattern. There are successful examples, but failures are even more numerous.
LIT's airdrop this time is indeed quite large—around 600 to 700 million, ranking in the top ten in history. Interestingly, despite such significant selling pressure, the price did not plunge but instead moved higher. This indicates that the market has a certain capacity to absorb the sell-off.
Once this wave of selling pressure is fully digested, the subsequent potential is worth looking forward to. Given the current momentum, 5U should just be a basic target.
More importantly, as a platform token, LIT has natural advantages. Referring to how Aster launched Season 3, the platform aims to attract more users to participate, and boosting the token price is the most direct approach. Once a positive feedback loop is formed—price rises → platform data improves → revenue increases → token price continues to strengthen—the process gains momentum.
The performance of the platform token directly affects the overall ecosystem's attractiveness, which means that LIT inherently has the motivation to rise from a mechanism perspective.