$BTC $ETH $WLFI
"The God of Wheat Says" In my eyes, WLFI is just garbage, a doomed project.
WLFI currently has no cost-performance ratio, and I do not recommend investing! Can you do the math? Is math taught by the PE teacher? The fully diluted valuation peaked at $55 billion. Based on the contract price of 0.28 at the time of the post, the fully diluted valuation reaches $28 billion. At its highest FDV, it is equivalent to the total FDV of LINK, UNI, ENA, and ONDO.
Token distribution: Fixed supply of 10 billion tokens, the Trump family obtained 2.25 billion tokens, Sun Yuchen invested $30 million for 2 billion tokens at a cost price of $0.015. Other early investors had a cost price in the early private round of $0.05, $0.1 (250 million tokens), $0.2 (7.5 billion tokens).
Unlocking situation: On September 1st at 20:00, it will go live on the Ethereum mainnet, and will be open for claiming and trading. The remaining 80% of the tokens will continue to be locked, and the specific unlocking schedule will be determined by future community governance votes. (Sword of Damocles)
All tokens allocated to the founders, team, and advisors will remain locked in the initial phase and cannot enter market circulation temporarily.
TRUMP, as a meme coin, has a very low cost for early players, and the market expectations and enthusiasm at the time of launch are gradually fermenting. However, from private placement to futures, the huge profit expectations for WLFI have already been fully priced in, and the cost base for ordinary investors buying on exchanges is far higher than that of early investors, putting them at an absolute disadvantage in the game.
TRUMP's liquidity is also gradually forming, while WLFI will experience massive unlocking once it goes live, leading to strong profit-taking impulses from early investors, and selling pressure may be very concentrated.
It will launch with a market value of hundreds of billions of RMB, what growth space can there be? It's a garbage coin, a big fool Sun is cutting.
It's right to short it mindlessly, it's garbage, a doomed project.
