flip

Flip argues $LIT is undervalued despite volumes down 90% from ATH, as the team ships features and grows distribution via partner programs. Key upside catalysts include pricing power from Telegram Wallet integration (45K new users since mid-April), Insilico partnership routing $175M on day one at lower fees than competitors, and potential CFTC licensing for spot commodity markets. Assuming flat volumes, rising take rates from 0.5bps to 0.8bps alone drive 50% revenue growth, while programmatic buybacks have already accumulated 5%+ circulating supply at 12% annualized yield.