$HYPE vs $LIT — Perp DEX RivalryLIT / TetherUS PERPETUAL CONTRACTBINANCE:LITUSDT.PTealstreetLighter’s TGE has already happened (Dec 30). Tokens are live, making it one of the largest airdrops to date. Early price action is mostly post-TGE flow — recipients taking profit, liquidity finding balance. Nothing fancy yet, just supply digestion. For now, I’m treating this as a post-launch discovery phase rather than a clean trend setup. Let the dust settle first. With incentives rotating and attention shifting, Lighter is starting to get compared to Hyperliquid. The big question is whether LIT follows a similar post-launch path to HYPE with an initial momentum push. I see some upside potential here as long as price can hold the 2.40–2.30 area. This setup is invalidated on acceptance below $2. Can LIT hit $5 this quarter?