Why Lighter will be <$4B FDV one day after launch:
a lot of ppl are trying to predict Lighter’s FDV on @Polymarket
and pushing the idea that > $4B FDV is real
i'm agree, but not on day one...
i did some digging and found a pattern on the market
at first, they launch projects with a low cap, making users sold their airdrops for cheap
then they pump the price later, and long-term it holds high value
The pattern of go to market:
1) $HYPE
it was trading between $3-$12 during the first 7 days
a lot of ppl sold their airdrops at $3-5 right after launch
then the price kept pumping, hit $30, and now it’s around $50
2) $ASTER
in the first few days, it was trading around $0.3-0.5
a lot of ppl sold their airdrops for cheap too, lol
within 6 days after TGE, it pumped to $2-2.3, a 6x from the TGE price
3) $IP
for the first couple of days, it was trading around $0.3-1.8
then, 7 days after TGE, there was a pump to $5.7
for the next few months, it kept trading no lower than $3-5
and many, many others, just picked the best examples
CONCLUSION:
Lighter can easily go to the market <$4B FDV
long-term, its valuation can easily reach that level, or even higher
but it actually makes sense for the team to let people sell their airdrops cheap so they can buy it back
if they’re planning to play it long-term, just like $HYPE did, that’s the smart move

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