$WLFI Alert: Why "Good News" is Crashing the Price
Is the $WLFI sell-off just getting started? 📉
Despite the hype around the Binance airdrop campaign (235M tokens), the market is reacting negatively. Why?
1️⃣ Supply Shock Fears: Large airdrops often lead to immediate sell pressure as recipients cash out.
2️⃣ Whale Movements: We’ve seen reports of over 313 Million $WLFI being withdrawn from centralized exchanges recently.
3️⃣ Valuation Concerns: With a Fully Diluted Valuation (FDV) still hovering around $10 Billion, many argue the project is overvalued compared to its actual utility.
The chart doesn't lie—we are down nearly 70% from the highs. Caution is key here.
Are you holding or shorting? 👇
#WLFI #BinanceSquare #CryptoNews #Trading #talhablogger

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