The total pre-market valuation of $wlfi has reached 13 billion (100 billion scale), with a pre-market unit price of 0.15-0.17. Based on a circulation of 25 billion, the circulating market value is 3.75-4.25 billion. This valuation is much more reliable compared to some previous KOLs boasting about 5U, 50U; in a similar comparison:
$circle $usdc currently has a total scale of 61.7 billion, with a market value of 44.7 billion $ in the US stock market;
The total scale of $wlfi's $usd1 is over 2.1 billion (Binance accounts for 2 billion), with other market circulation only a little over 100 million;
Based on the stablecoin scale: 21/617 = $WLFI/447, which means wlfi market value = 1.5 billion;
Of course, considering the exaggerated market sentiment in the crypto space compared to the US stock market, combined with Trump's political influence, a 3-4 times increase is understandable!
However, even if it can reach a market value of 5 billion after listing, I am not optimistic about its future development space, for the following reasons:
1. usd1 is the son of the Trump family, while $usdc is the favored child of America; the influence of the Trump family only has a shelf life of 3 years;
2. Excluding the 2 billion usd1 from the Binance platform, the market scale is less than 200 million, making it impossible to compete with $usdc, relying on An An and self-developed ecosystem, the growth of application scale is too slow, and market share is difficult to increase!
3. $wlfi is just one of many projects of the Trump family, and the Trump family has not participated comprehensively in operations, meaning this project is actually just a branded project for the Trump family or a subcontracted operation;
4. $wlfi tokens only participate in governance, do not enjoy dividend rights, and have no real empowering value;
5. The circulating volume of wlfi is actually 35 billion, and only 25 billion was completed during the presale; the other 10 billion was sold to certain institutions at a price of 0.1U;
Therefore, once $wlfi goes online, relying on Trump's influence, there may be a wave of blood-sucking effect. If the short-term opportunity is suitable, one can participate in a wave, but after the heat fades, whether there will be another opportunity needs to be viewed cautiously! #WLFI