Nasdaq-listed company ALT5, after announcing yesterday to raise 1.5 billion USD to buy $WLFI and become WLFI's treasury stock, saw its stock price drop by 26% overnight.
Look at BNB's stock company BNC, after officially announcing the purchase of 200,000 BNB yesterday, how much did its stock price rise overnight? A direct 59%, they really bought it, with real money buying 200,000 BNB in spot and storing it.
It can be seen that Wall Street is currently not buying into Trump's rhetoric; this 1.5 billion USD fundraising still needs big shots like the Dubai prince and Brother CZ to support the scene. Without more big players providing chips, this 1.5 billion might not be raised for the time being. Both institutions and retail investors are not willing to be the fools to foot the bill for this 1.5 billion USD fundraising, so naturally, the stock price has fallen.
Retail investors mindlessly FOMOing into WLFI, open your eyes and look at these concrete facts and data that are happening, stop talking about 10 USD, 100 USD. FOMO is fine, but please use some brains and bring out real data to convince others.
The pre-market price of $WLFI on the XT exchange is 0.58 USD, and the cryptocurrency circle's faith in President Trump remains relatively solid, not lowering expectations due to ALT5's stock price plummeting.
Unfortunately, most retail investors in the crypto space do not have the level of 1.5 billion in fiat currency, so they cannot go to Nasdaq to support Mr. Trump.
