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🤔 Will WLFI repeat TRUMP's fate?
The WLFI token from the Trump family company World Liberty Financial is launching on the market on September 1. Analysts from the American investment bank Compass Point warn – the risks for retail investors are huge.
More than 20% of the total supply is held by Donald Trump's family. Only part of the tokens will be available for trading at launch, the rest will remain locked. On paper, this creates an inflated valuation (FDV).
If exchanges list WLFI at a high valuation, retail traders risk repeating the scenario with the TRUMP token:
⊹ 80% held by insiders.
⊹ Market capitalization exceeded $44,000,000,000
⊹ After the peak, the price dropped by 89%.
#WLFI $WLFI TRUMP
{future}(WLFIUSDT)