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WLFI TGE's initial Circulating Supply far exceeds expectations, with opening sell pressure potentially reaching $9.8 billion.
[Coin World] According to monitoring, a certain data platform page shows that the verified initial circulation of WLFI TGE is 27.3 billion coins. This figure is much higher than the previously estimated theoretical circulation value of 5 billion coins. Based on the current contract price of $0.3599, the opening sell pressure will be $9.83 billion.
Some analysts have stated that the algorithm of the data platform is calculated by subtracting the tokens held by the team/advisors/partners/Lockbox from the total supply of tokens, which means that all strategic round tokens are included in circulation, and this appears to be inaccurate. Currently, the data platform has not responded to this.