On September 1st, according to on-chain analyst $Ai (@ai_9684xtpa), the CoinMarketCap page shows that the verified initial circulating supply of $WLFI TGE is 27.30 billion. This number is much higher than the previously estimated theoretical circulating value of 5.00 billion, and based on the current contract price of $0.3599, the opening selling pressure will be $9.83 billion.
$Ai said that CoinMarketCap's algorithm calculates the circulating supply by subtracting team/advisor/partner/Lockbox tokens from the total token supply, which means that all strategic round tokens are included in the circulation, which is suspected to be inaccurate. CoinMarketCap has not yet responded to this.
[BlockBeats]On September 1st, according to on-chain analyst Ai (@ai_9684xtpa), the CoinMarketCap page shows that the verified initial circulating supply of WLFI TGE is 27.30 billion. This number is much higher than the previously estimated theoretical circulating value of 5.00 billion, and based on the current contract price of $0.3599, the opening selling pressure will be $9.83 billion.
Ai said that CoinMarketCap's algorithm calculates the circulating supply by subtracting team/advisor/partner/Lockbox tokens from the total token supply, which means that all strategic round tokens are included in the circulation, which is suspected to be inaccurate. CoinMarketCap has not yet responded to this.
[BlockBeats]