The launch of the Trump-linked WLFI token is a case study in speculative crypto mania and potential insider advantages. The token achieved a paper valuation of $30 billion based on a thin initial circulating supply of just 24.67%.
The real story is in the on-chain data: presale wallets immediately dumped $51.2 million in tokens on retail investors the moment trading went live on Binance.
This suggests early insiders capitalized on their advantageous pricing the second an exit liquidity pool was available. Furthermore, with over 75% of the total supply still locked and slated to unlock over time, early retail buyers face immense future dilution and selling pressure from the team, treasury, and partners.
The day-one unlock of 4 billion tokens for public sale participants added immediate downward pressure on the price.
