August 8, 2025 Market Analysis
Keep eating melons, the WLFI matter is not over yet. Trump's son Eric Trump not only unfollowed Brother Sun but also deleted the photos with him. It seems that Brother Sun's participation in the public sale of the WLFI tokens worth tens of billions of dollars is now uncertain. Although many believe that Brother Sun deserves this major setback, the American robber logic is also quite shocking. During the first round of the public sale, it was precisely because Brother Sun invested 15 million that funds began to follow. Now it seems Brother Sun has made too much profit, and with an excuse of misusing user funds, he has frozen the tokens. This time, Brother Sun is left with no tears to cry. Well, this may confirm the saying: it's not that there is no retribution, but the time has not come yet.
WLFI is expected to repeatedly harvest retail investors through public opinion; conversely, my suggestion is not to get involved. Even if we don’t consider the total market value, the circulating market value is over 5 billion, while the issuance of USD1 is not this high, which makes it clear how high the current market premium is. If you ask me, I guess even the Trump family didn’t expect this project to open with such a high market value; otherwise, it would have been impossible to sell 20% of the tokens at a valuation of 1.5 billion dollars back then. For project parties at the top level, the core goal is to push up the project’s market value and then sell the coins to investors. This is not just the case for WLFI; other projects are generally similar. Therefore, as long as there are projects with a large number of chips in the hands of the project parties, long-term investments should be approached with caution.
Speaking of USD1, the current competition landscape for stablecoins is still very intense. The latest news is that HypeLiquid announced it will create a stablecoin USDH that seamlessly integrates with its own products. However, HL does not plan to create it themselves, but rather to select a partner through public bidding. Currently, Paxos, Ethena, Frax, Agora, and Native are competing for this. The final result is yet to be seen, but these several have been working in the stablecoin track and are quite capable. It can be seen that the concept of stablecoins is still a significant focus moving forward, including the rapidly approaching Tge of XPL, which is also in the stablecoin track, along with some relatively smaller-scale ones like USDf and USDai.
The recent market trends have been relatively flat, but Binance's Alpha series is starting to emerge. There are some strong coins like M and MYX, which have begun to surge due to high control. It is evident that ultimately, they are likely to be harvested in the contract market. I can only say that altcoin trends come in waves. What is being speculated today will become an old altcoin and then become neglected, making it difficult to rise again. Therefore, do not get involved. The good news is that the main players are so active now, which means the current market is still decent. Let’s wait for the overall market, especially Ethereum, as it will drive the value of the DeFi sector to rise, which is our main battlefield.
Thank you for your attention and likes.#山寨币市场回暖
