WLFI's token issuance is equivalent to testing the market for other top-tier projects' TGE, assessing the depth, liquidity, and absorption capacity of current market funds, as well as the most important factor—the enthusiasm level of market sentiment.
Projects planning to conduct TGE soon may need to slow down. There are quite a few projects lined up for TGE recently: @LineaBuild, @boundless_xyz, @union_build, @hemi_xyz, @monad …
I really fear the market won't be able to handle it.