On August 31, according to on-chain analyst $Ai姨 (@ai_9684xtpa)'s monitoring, among the current 100 billion $WLFI tokens, only 20% of the first and second rounds of the public offering are explicitly unlocked at TGE, and the total number of tokens sold in the public offering should be 25 billion.
· Assuming that all participants have transferred their tokens to Lockbox and activated them, the TGE circulation is 5 billion (5% of the total supply). Estimated at the current Binance contract price of $0.3858, there will be $1.93 billion in selling pressure.
· However, Tokenomist discovered that in the $WLFI smart contract, the corresponding early pre-sale user share is only 1.843 million (with 6.57 billion not included). If this is the case, the TGE circulation will be reduced to 3.68 billion under the same conditions, about $1.42 billion in selling pressure.
· As of 8 p.m. tonight, the $WLFI Lockbox contract has received a total of 16.395 billion tokens, meaning that only 65.5% of the pre-sale tokens have been activated. Therefore, the actual TGE circulation will ultimately depend on the total number of tokens deposited by investors.
[BlockBeats]On August 31, according to on-chain analyst Ai姨 (@ai_9684xtpa)'s monitoring, among the current 100 billion WLFI tokens, only 20% of the first and second rounds of the public offering are explicitly unlocked at TGE, and the total number of tokens sold in the public offering should be 25 billion.
· Assuming that all participants have transferred their tokens to Lockbox and activated them, the TGE circulation is 5 billion (5% of the total supply). Estimated at the current Binance contract price of $0.3858, there will be $1.93 billion in selling pressure.
· However, Tokenomist discovered that in the WLFI smart contract, the corresponding early pre-sale user share is only 1.843 million (with 6.57 billion not included). If this is the case, the TGE circulation will be reduced to 3.68 billion under the same conditions, about $1.42 billion in selling pressure.
· As of 8 p.m. tonight, the WLFI Lockbox contract has received a total of 16.395 billion tokens, meaning that only 65.5% of the pre-sale tokens have been activated. Therefore, the actual TGE circulation will ultimately depend on the total number of tokens deposited by investors.
[BlockBeats]