WLFI holders are being played AGAIN. The token has crashed ~90% from its peak. It now trades BELOW its $0.05 public sale price. Now WLFI wants to save it with a buyback paid for with USD1 fees. Those fees are ~$135 million a year at best, while USD1 itself just shrank ~19% in a month. The real threat is still coming. 62 BILLION insider and investor tokens start unlocking in 2028, worth ~$2.9 billion today. Even with half the fees, it would take 40+ years to buy them back.
Satoshi TalksShare
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