🤔 Will WLFI Repeat the Fate of TRUMP?

The WLFI token from the Trump family's World Liberty Financial is set to hit the market on September 1st. Analysts from the American investment bank Compass Point warn that the risks for retail investors are enormous.

More than 20% of the total supply is held by Donald Trump's family. Only a portion of the tokens will be available for trading at launch, while the rest will remain locked. On paper, this creates an inflated valuation (FDV).

If exchanges list WLFI at a high valuation, retail traders risk repeating the scenario with the TRUMP token:

⊹ 80% are held by insiders.

⊹ Market capitalization exceeded $44,000,000,000

⊹ After the peak, the price dropped by 89%.

$KOGE