Pre-market listings always mess with price anchoring—that's just how the game works. The real approach though? Trade what's actually happening, not what you wish would happen.

For $LIT, expect a reasonable floor to establish somewhere in the 2-2.5B FDV range as things settle. What gets interesting is watching the perps dynamics once those launch—that's usually when you see the real price discovery and where the actual volume shows up. The leverage trading crowd will have their own takes on where this heads next.