The topic that everyone has been talking about the most today is definitely Trump Coin, especially that $WLFI , which has been speculated from last year to this year! There was a TRUMP coin before, and the volatility was simply outrageous; when the price rises from the low, it's particularly fierce, but it also drops hard. This is how the crypto world works—some people make a fortune, while others suffer losses, and there are even people who become overnight millionaires because of it. The excitement is real.
Now let's talk about $WLFI . It has the endorsement of the Trump family, so how can the attention not be high? Here's the key point: it just launched on Binance's perpetual contract yesterday, so friends who trade contracts can start operating now. However, the spot trading will officially launch on Binance on September 1st.
I also want to share my thoughts with everyone. Once WLFi is launched, many retail investors will certainly think, "If I make a profit, I’ll run away," and quickly sell to cash out. But the hype is there, and many people will want to jump in and buy. So it might surge like the previous TRUMP coin, but it might also suddenly 'harvest' like the TRUMP coin did, with risks and opportunities both present.
Another thing is that WLFi was supposed to unlock next year, but now it has unlocked early. Normally, when it unlocks, some people will sell, which will have a significant impact on the market. However, this isn't all bad; there are pros and cons. After all, this coin has been speculated for so many years, and it’s still associated with the Trump family. Perhaps this early unlocking is a deliberate bad news release to get everyone to start speculating in the contract market.
Yesterday's opening price for the contract was 0.2, and it peaked at 0.55 that day, so they aren't foolish enough to undermine their own market right after launching. I think 0.5 is definitely not the highest point for spot trading. Once spot trading launches on September 1st, if everyone wants to get in, it would be wise to look at the range of 0.25 to 0.3, which is relatively safer. If it goes up to within 1 dollar later, I think there’s a good chance. Whether it can go even higher will depend on how strong the market is. I estimate that this wave of hype in September might explode across the entire internet, and then this coin will probably be all over the screen again! #ETH创历史新高