CMC shows that the verified initial circulation of WLFI TGE is 27.3 billion, but the data is suspected to be inaccurate

PANews reported on September 1st that, according to on-chain analyst @ai_9684xtpa, CMC reported a verified initial circulation of 27.3 billion WLFI TGE tokens, significantly higher than the previously estimated theoretical circulation of 5 billion. Based on the current Binance Futures price of $0.3599, this implies an opening selling pressure of $9.83 billion. However, the algorithm used to calculate the total token supply minus team, advisor, partner, and lockbox tokens, effectively including all strategic round tokens in circulation, seems inaccurate. It's unclear whether the "Verified" status represents a verified value with the team.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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