According to @ReetikaTrades, the LIT token launch performed worse than their already low expectations, highlighting weak token launch price action in current market conditions (source: https://x.com/ReetikaTrades/status/2011698193319469121). They note that expecting a hype-driven launch fractal was unrealistic given the current market backdrop, implying limited momentum for newly listed tokens (source: https://x.com/ReetikaTrades/status/2011698193319469121). They add that their base case is a much higher fully diluted valuation (FDV) with a slight initial uptick followed by downside, a bounce-then-dump pattern traders should monitor (source: https://x.com/ReetikaTrades/status/1997393323401662615). They also suggest the weak open could eventually present a more attractive entry if price resets, offering a potential mean-reversion opportunity (source: https://x.com/ReetikaTrades/status/2011698193319469121).