Express

Initial Circulation of WLFI on CoinMarketCap Shows 27.3 Billion, Far Exceeding Estimated 5 Billion in Circulation

Summary: According to on-chain analyst Ai ( @ai_9684xtpa ), CoinMarketCap's page shows that the verified initial circulation of WLFI TGE is 27.3 billion. This number is far higher than the previously estimated theoretical circulation of 5 billion, estimated at $0.3599 per token, the opening selling pressure would be $9.83 billion. Ai mentioned that CoinMarketCap's algorithm calculates ...

According to on-chain analyst Ai ( @ai_9684xtpa ), CoinMarketCap's page shows that the verified initial circulation of WLFI TGE is 27.3 billion. This number is far higher than the previously estimated theoretical circulation of 5 billion, estimated at $0.3599 per token, the opening selling pressure would be $9.83 billion.

Ai mentioned that CoinMarketCap's algorithm calculates by subtracting tokens held by the team/advisors/partners/Lockbox from the total token supply, which means that strategic round tokens are all included in circulation, which may not be accurate. CoinMarketCap has not yet responded to this issue.

Last Update:

Tags:
Link: Initial Circulation of WLFI on CoinMarketCap Shows 27.3 Billion, Far Exceeding Estimated 5 Billion in Circulation [Copy]

Last: Haotian International Securities to Apply for Virtual Asset Trading Services with Hong Kong Securities and Futures Commission

Next: Whale Registers ENS Domain trumpisthebest.eth and Makes Over $8 Million Floating Profit on WLFI

The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 5 days ago

Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 9 days ago

BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 12 days ago

The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 16 days ago

Google Steps Into Blockchain: A New Front in the “Ledger Wars” 18 days ago