On September 2nd, Monday, $WLFI went live and sparked a trading frenzy, with a trading volume exceeding $1 billion in just one hour. After opening, the price surged to nearly the $0.40 range, then sharply fell back to around $0.20–$0.25 before rebounding. The $WLFI liquidation heatmap shows: the $0.29–$0.32 range above is a zone of high liquidity/orders, with a secondary peak at $0.36–$0.40; while there are support levels visible around $0.22–$0.24 and near $0.20. The event has directly linked political and wealth narratives to market frenzy.
Bitunix Analyst Recommendation (Event Insights and Advice):
$WLFI's debut exposed three major risks: First, the extremely high concentration of holdings and unlocking schedule may result in valuation mismatches and a liquidity illusion; Second, the project's strong ties to political figures may attract regulatory and legal scrutiny; Third, short-term trading heat does not equate to sustainable fundamentals. It is recommended that the regulatory side (exchanges, regulatory bodies) should require more transparent lock-up/holding disclosures and anti-money laundering checks; investors and institutions should prioritize compliance and governance as key assessment criteria, focusing on exchange liquidity, contract interactions, and legal risks. Short-term market sentiment can boost similar assets, but medium-term value depends on transparency and regulatory responses; continue to monitor regulatory statements, unlocking schedules, and on-chain fund flows.
[BlockBeats]On September 2nd, Monday, WLFI went live and sparked a trading frenzy, with a trading volume exceeding $1 billion in just one hour. After opening, the price surged to nearly the $0.40 range, then sharply fell back to around $0.20–$0.25 before rebounding. The WLFI liquidation heatmap shows: the $0.29–$0.32 range above is a zone of high liquidity/orders, with a secondary peak at $0.36–$0.40; while there are support levels visible around $0.22–$0.24 and near $0.20. The event has directly linked political and wealth narratives to market frenzy.
Bitunix Analyst Recommendation (Event Insights and Advice):
WLFI's debut exposed three major risks: First, the extremely high concentration of holdings and unlocking schedule may result in valuation mismatches and a liquidity illusion; Second, the project's strong ties to political figures may attract regulatory and legal scrutiny; Third, short-term trading heat does not equate to sustainable fundamentals. It is recommended that the regulatory side (exchanges, regulatory bodies) should require more transparent lock-up/holding disclosures and anti-money laundering checks; investors and institutions should prioritize compliance and governance as key assessment criteria, focusing on exchange liquidity, contract interactions, and legal risks. Short-term market sentiment can boost similar assets, but medium-term value depends on transparency and regulatory responses; continue to monitor regulatory statements, unlocking schedules, and on-chain fund flows.
[BlockBeats]