Lit Final Leg up
Fundamentals:
Kevin Warsh (current Fed reserve chair) is an investor.
Vladimir Novakovski is the Founder and CEO. Novakovski graduated from Harvard University at age 19 and previously held senior roles at Citadel, Quora, and Addepar.
Supply is locked and vested until December.
Much of the float is staked and being systematically bought and burnt through a token burn mechanism.
The DEX platform is truly permissionless. Built on top of Ethereum with ZK rollups. It's very fast, and very attractive to institutions, the on chain order book is protected from MEV bots.
Technicals:
Look at the chart.
Big Strength in this bear market.
Divergence appearing on lower time frames at these levels.
We just broke previous corrective low around $1.97 and poising to bounce from here or $1.91 before sending off. $2 is psychological level and would be easy to see it hold here.
Invalidation would be break below $1.45 and downside corrective pattern.
This is not a DEX to fade.