People have been asking me about the price expectations of $WLFI after it gets listed. Today’s screenshot response: It is expected that the WLFI token can quickly reach 1u after being listed, provided that it can be listed directly on Binance. If it’s only small exchanges, then 0.7u is already good.
The expectation for the $WLFI token to be listed on Binance is 99%, after all, the Dubai prince's sovereign fund purchased $2 billion in Binance shares using WLFI's USD1 for settlement, and CZ is already on the WLFI ship.
The expectation for being listed on Upbit is 80%. Trump's eldest son is going to Seoul at the end of September to attend KBW Korea Blockchain Week, and he should mainly be going for Upbit.
The expectation for being listed on Coinbase is 40%, after all, Coinbase is a major player in the USDC ecosystem.
The large exchanges listing WLFI may not all happen on the same day. Therefore, after quickly reaching 1u, there is still an expectation of price increase, and with more large exchanges listing, it is expected to rise to 3u.
With a total supply of 100 billion $WLFI tokens, if the price reaches 1u, that would mean a total market capitalization of 100 billion u, as referenced below:
1. $BNB Today's total market capitalization is 112.5 billion u.
2. $XRP Ripple's total market capitalization is 314.3 billion u.
3. The total market capitalization of Circle, the company issuing USDC, is 33.6 billion u today.
In the past 7 days, USDC's market share was 24.69% with an issuance of 65.5 billion. USD1's market share was 0.83% with an issuance of 2.2 billion, which is still just a fraction of USDC.
The short-term price expectation after being listed at 1-3u has fully considered various FOMO sentiment factors and is already a very high expectation.
The reason for setting the upper limit at 3u is entirely based on considering that the public offering sold 25 billion for two times, accounting for only 25%. If the project team and private placement's 75% holdings are locked, and 60% of retail holders' holdings are unlocked before listing, then there would be 15 billion WLFI tokens in circulation after listing.
When listed, the circulation is relatively low, and there is a strong FOMO sentiment, many early retail holders will be reluctant to sell, which will create a high-low supply-demand relationship, making it possible to reach 3u.
If the project team and private placement's 75% holdings also unlock a portion upon listing, then reaching 1u will be very difficult.
I hope, as promised by the WLFI official Twitter before, that 75% of the project team's and private placement's holdings will be 100% locked when listed, so that the more than 85,000 retail investors (including Brother Sun) can still get a share of the profits.
Sister Cathy plans to start selling her 90,000 WLFI tokens in batches of 5,000 each when the price reaches 1u, first selling half and then buying back when the price dips.
The reason is that $WLFI is originally a long-term project based on the USD1 stablecoin, not a meme. Long-term projects require time and a solid build to establish operational business.
Although everyone calls Sun 'Sun the Cutter', he is still a concrete builder within the WLFI team and was also one of the contributors who invested real money in the two WLFI pre-sales; others can only be called operators.
Those who keep saying I FUD WLFI, please actively block me. I am only FUDing all those retail holders of WLFI who blindly FOMO based on emotions and imagination, without looking at facts or data.
Those who comment under my posts, blindly FOMOing and being rude at the slightest disagreement, I will block one by one; don’t waste my time.
The above analysis only holds me accountable for my own 90,000 WLFI holdings. Every retail investor has their own expectations; please operate according to your independent analysis results.
In summary, let the data speak and not emotions; be a builder, not just a speculator.