Lighter (LIT)

(Had to delete and re‑write my prior tweet due to writing the tax stuff backwards.) 1. Not the Aster playbook; total tokens are fixed. While the ecosystem tokens aren't circulating, they are a supply overhang. Whether you buyback‑and‑burn or burn from Treasury, total supply is reduced. The big difference is that in the former you spend capital in the open market, returning capital to $LIT holders. In the latter, the capital stays in the company to deploy for growth initiatives. The other angle here is taxes. Lighter launched their token from their US Corp (rather than a foundation), which has some potential tax implications. One area, which isn't fully vetted yet, is whether a disposition of Treasury assets (which were effectively acquired at a very low cost basis) would create a taxable event. e.g. If they do another airdrop, does Lighter incur a large tax liability? Burns, on the other hand, are generally considered to be non‑taxable because there is zero benefit/proceed. So, from a tax persp

(Had to delete and re‑write my prior tweet due to writing the tax stuff backwards.) 1. Not the Aster playbook; total tokens are fixed. While the ecosystem tokens aren't circulating, they are a supply overhang. Whether you buyback‑and‑burn or burn from Treasury, total supply is reduced. The big difference is that in the former you spend capital in the open market, returning capital to $LIT holders. In the latter, the capital stays in the company to deploy for growth initiatives. The other angle here is taxes. Lighter launched their token from their US Corp (rather than a foundation), which has some potential tax implications. One area, which isn't fully vetted yet, is whether a disposition of Treasury assets (which were effectively acquired at a very low cost basis) would create a taxable event. e.g. If they do another airdrop, does Lighter incur a large tax liability? Burns, on the other hand, are generally considered to be non‑taxable because there is zero benefit/proceed. So, from a tax persp

capital rotation from $HYPE to $ETH will be biblical.

$LIT is approaching $2. I've been talking about it since 80 cents. We achieved a 2x increase without issues. The chart also shows an organic trend, never dropping below the previous low, with daily charts showing strong upward movement each day. That's how an organic trend looks. https://t.co/Hzd0udDEhw

$LIT is outperforming $HYPE on this reversal. numbers don’t lie

🚨LIVE: Saylor Still In Trouble?! Tokenization, Stablecoins, Perps! LIT & HYPE Leading?! VirtualBacon, Metamask & Veda Join https://t.co/3Xo3XS9veo

New Episode with @satoshiheist We discuss: - Lighter Bull Case and Upcoming Catalysts - Buying the Crypto Bottom - Betting on a Mag7 Rebound 2:32 - Prof. Satoshi's intro and TradFi background 4:12 - Right valuation frameworks 5:40 - Is it fair to apply revenue + buybacks to every crypto protocol? 9:35 - Lighter buying back 6% of circulating supply 13:10 - Zero-fees is still a game changer 14:25 - Being among the first 50 users on Lighter 17:15 - Why LIT is undervalued 22:30 - Robinhood comparison in early stages and attracting large capital accounts 26:13 - Lighter's next big catalyst 30:15 - RWA liquidity will explode on Lighter 33:15 - Thoughts on Saylor and MSTR 35:00 - Q3 is for DCAing 37:12 - Bounce play early July 46:15 - Read on equities and the AI trade 50:10 - Market testing the new FED chair 52:33 - Crypto options impact on market structure 58:21 - Recovering from big losses 63:43 - #1 advice for traders