$WLFI open interest crosses $1B before first unlock. Trading volume close to $5B breaking into the top 5 and being above stuff like DOGE, ADA and TRUMP
What will the performance be like? not similar nor close to what $TRUMP was and the difference in price 4-6 months from now will prove my point.
Shock factor leads to one-sided flows and bears get annihilated. For low float, high FDV scams they can PvP shorts for a while but the hype is not even close to what something like TRUMP had in store. Expecting it to perform like a fresh can of coke, all the fizz to dissipate gradually until it flatlines.
TLDR: High volatility around unlock, scam pump up expected since float is so low they can control price. Eventually will bleed down to zero regardless of what your favourite republican crypto bro says
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$WLFI open interest crosses $1B before first unlock. Trading volume close to $5B breaking into the top 5 and being above stuff like DOGE, ADA and TRUMP
What will the performance be like?
not similar nor close to what $TRUMP was and the difference in price 4-6 months from now will prove my point.
Shock factor leads to one-sided flows and bears get annihilated. For low float, high FDV scams they can PvP shorts for a while but the hype is not even close to what something like TRUMP had in store. Expecting it to perform like a fresh can of coke, all the fizz to dissipate gradually until it flatlines.
TLDR: High volatility around unlock, scam pump up expected since float is so low they can control price. Eventually will bleed down to zero regardless of what your favourite republican crypto bro says
scouting life......