WLFI Token Unlock: 27 Billion Tokens Dem Release After Vote
Di WLFI token unlock dey help DeFi trading as 27 billion WLFI (wey be 27% from 100 billion supply) don release afta July governance vote. CoinMarketCap CEO Rush Lu yan confirm figure, e pass early estimate wey be only 3.69 billion tokens. Big exchanges—Binance, Gate, and MEXC—open spot trading based on the updated circulating supply. Community vote on July 5 pass with 99% support for July 10, e no include founder, team and adviser allocations. From token wey dem sell for $0.015 and $0.05, 20% unlock immediately through Cyfrin-audited lockboxes; remaining 80% go vest according to future governance decisions. Before launch, WLFI derivatives open interest reach peak at $950 million before e settle at $887 million, show say traders demand high. The WLFI token unlock, wey mark e shift from governance-only to tradable asset, dey set to cause market commotion and test market depth.
Bearish
Di WLFI token unlock add 27 billion tokens reach di circulating supply, dis one go create big short-term sell pressure as early investors and presale buyers fit wan collect their profits. History unlock events dem dey often trigger volatility and price go dey move down despite say open interest and exchange listings dey strong. For long term, governance-based vesting fit stabilize supply, but immediate market impact go likely be bearish.