Recently, the market performance of the WLFI Token has attracted considerable attention and discussion from investors. As an investor who got on board at a price of 0.015, I have given this highly regarded project in-depth thought, especially regarding the reasons for its price falling continuously after the unlock.



After careful analysis, I have identified two key factors influencing the market dynamics of WLFI:

First, the unlocking strategy for early participants. Investors in the first and second rounds have a strong incentive to cash out after 20% of the tokens are unlocked. Even selling at the current price, they can still achieve considerable profits while retaining 80% of the unallocated tokens for potential future gains. This 'low-risk high-return' strategy has led to a large influx of tokens into the market, causing a short-term oversupply.

Secondly, the potential pressure brought by the unlocked Tokens. With the unlocking and selling of the initial 20% of Tokens, the remaining 80% of unlocked Tokens begin to exert invisible pressure on the market. Some investors choose to open short positions in the contract market to lock in profits, which further exacerbates the downward price trend. This practice not only affects WLFI's performance when it goes live on Binance but also continues to suppress the coin price.

It is worth noting that as more unlocked Tokens are set to enter the market, pressure may further increase. In this case, the WLFI may face challenges in returning to the price level of 0.2 dollars in the short term.

However, despite the poor short-term market performance, the long-term prospects of the WLFI project are still worth following. Investors should closely follow the project's development progress, changes in market sentiment, and the overall direction of the cryptocurrency market to make informed investment decisions.
WLFI-6.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
LiquidatedNotStirredvip
· 4h ago
Tsk, a ground full of suckers.
View OriginalReply0
TeaTimeTradervip
· 10-10 22:41
Another expected dumping.
View OriginalReply0
OnChainArchaeologistvip
· 10-10 19:48
Another coin has been smashed down by Large Investors...
View OriginalReply0
ShitcoinConnoisseurvip
· 10-10 19:42
Retail investors love to dance on the tip of the knife.
View OriginalReply0
AirdropBlackHolevip
· 10-10 19:35
Lost everything, down to my last pair of shorts.
View OriginalReply0
GasFeeCriervip
· 10-10 19:25
buy the dip穷三代...
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)