Many people on Twitter compare $WLFI and $TRUMP as if both are used by Trump to fleece retail investors.
However, based on our previous analysis: WLFI, as a platform, has stablecoins and functional capabilities. By establishing reserves of BTC and ETH, it can serve as a political donation channel for Trump, and it has cross-holdings with other projects.
So what does Trump have aside from a half-hearted dinner? What’s the use? 🤣
The investigation into the presidential coin of Argentina may raise concerns for Trump, prompting him to abandon this path. Regardless of how much this group led by Sun boasts, he may abandon it for his own needs, just as he did with Musk.
If he abandons TRUMP, most of the funds will flow to WLFI. This is also why I previously mentioned that after WLFI goes online, TRUMP's liquidity will be concerning.
In the current situation where the spot is not unlocked but exchanges have opened pre-market contracts, when calculating market value, we cannot only consider the total amount or just the actual circulating supply, but also need to take into account the market circulation. We must see how much market contract capital is involved, which essentially counts as its pre-positioned capital. Therefore, some people who casually shout 40 billion FDV seem quite foolish to me. 🤡
✅ Basically, a project doubling its profit will lead some weak hands to sell off; this is how the selling pressure of a new coin initially manifests. Considering this project has been around for over a year, many people have effectively become diamond hands. The initial 20% unlocked on September 1, with the second batch having an actual cost price of 0.05, is around 0.25, and the first batch at 0.015 has a cost price of about 0.075. So it’s not surprising that some people are hedging to break even.
But an important factor is that most people do not hold too many chips. Institutions and teams have not unlocked theirs, so the market selling pressure is not that great, and there haven’t been many who dumped the market early on.
🧐 Currently, a mainstream opinion in the market is:
With pre-market contracts opened, will large holders open short positions for hedging and wait for tokens to be issued? After the tokens are issued, will these large holders sell the spot, crash the market, and continue to profit from short positions? Or will they close their short positions and profit from the later spot? Then further consider whether those large holders who did not reach their limits before will buy $WLFI?
According to basic research methods and the 253 position building rules, if you entered a position at 0.3, when the price reaches 0.2, check if there’s enough thickness in long positions to cover short positions, then decide whether to enter the remaining 5 layers.
Going upwards can appeal to the psychological price point of most people at 1 dollar, while going down would involve those who held the first batch of coins for over a year at their cost price, with odds of 5:1.
