LIT has surged 15.43% over the past 24 hours, driven by several noteworthy fundamental factors worth attention.

First is the official token buyback program. Starting today, the project team has initiated a repurchase mechanism. While the specific fee ratio hasn't been disclosed yet, this proactive commitment clearly signals confidence in future market performance. Such measures typically indicate that the team has long-term conviction in the project.

Second, the circulating market cap is at a relatively low position. Currently, the main selling pressure on LIT in the market comes from airdrop participants—early recipients like us. The real lockup pressure won't materialize until a year later, since tokens held by the team and institutional investors are still in their unlock cycle. This means near-term supply pressure is relatively manageable.

Looking at exchange listings, the token hasn't yet launched on tier-one platforms like Coinbase and Robinhood. As institutional investors in the project, these platforms typically prioritize spot trading launches. Once approved, listing on secondary and tertiary exchanges becomes a matter of time. Each exchange migration brings new incremental capital inflow.

Combining these positive signals with the founder's previous public statements (refer to earlier analysis), the current valuation appears to have considerable upside potential. My personal holdings strategy is: I haven't moved a single LIT from my airdrop allocation. Based on these fundamental factors, my target price range is roughly in the $4-$10 zone. Where it ultimately reaches will depend on market momentum and subsequent developments.