Let's talk about $alt

Bought at 8 when the market opened yesterday, now trapped.

The two hundred million shares issued at $7.50 per share will account for 7.5% of the total amount of wlfi tokens after the transaction is completed, corresponding to an fdv of 20 billion for each 0.2u of wlfi.

I thought about it, isn't this just wlfi pre-market trading?

Before the official launch of the wlfi token in September, if altcoins do not perform well, most people will not want to play wlfi.

Equivalent to wlfi's pre-market capitalization management, large funds can hedge wlfi, and there is a possibility of a short squeeze.

After the trading is completed today, I will decide whether to add to my position based on the market reaction.

If you are optimistic about $wlfi $alt being oversold, it is a good choice.