LIT has increased by 15.43% in the past 24 hours, driven by several noteworthy fundamental factors.

First is the official token buyback plan. Starting today, the project has launched a buyback mechanism. Although the specific fee ratio has not yet been announced, this proactive commitment undoubtedly signals confidence in the future market. Such measures typically indicate long-term confidence from the team.

Second, the circulating market cap is relatively low. Currently, the selling pressure on LIT mainly comes from airdrop participants—early adopters like you and me. The real lock-up period pressure will only appear after one year, as tokens held by the team and institutional investors are still in the unlocking cycle. This means that short-term supply pressure is relatively manageable.

Next, let's look at exchange listings. LIT is not yet listed on top-tier platforms like Coinbase and Robinhood. As project investors, these platforms usually prioritize spot trading launches. Once approved, the listing on second- and third-tier exchanges is just a matter of time. Each exchange migration brings new incremental capital into the market.

Combining these positive signals, along with the previous public statements from the founder (which can be referenced in earlier analyses), the current valuation still has considerable room for imagination. My personal holding strategy is: I haven't touched any of the LIT obtained from airdrops. Based on these fundamentals, my target range is roughly between $4 and $10. How far it can go depends on market momentum and subsequent developments.