The $WLFI launch mess - explained

1. Launch day (Sept 1)

- Community: meant to be 5%, but really 4% went live (not everyone used the lockbox).

- Liquidity & marketing: 2.8% (not 1.6% like first reported).

- Together = 6.8% circulating supply.

- Other allocations (10% ecosystem + 7.8% Alt5 Sigma) weren’t truly circulating, they just weren’t locked in smart contracts with vesting.

2. Justin Sun’s stash

- He owned 3% of the total supply.

- Only 20% of his stash was unlocked at launch, the rest (80%) was still locked.

- He publicly said he wouldn’t sell.

3. The weird price action

- $WLFI launched at $0.20 ($1B market cap).

- Billions in trading volume, tons of hype.

- But price kept sliding down, even though the community wasn’t really selling. The PA looked robotic.

4. What likely happened

- Exchanges may have dumped part of their 2.8%.

- Justin Sun allegedly funneled $WLFI through HTX (his exchange), offering users 20% APY to deposit WLFI.

- This let him dump ‘his entire stack’ while making it look like user deposits were being staked.

- he was going to fill the gap in user tokens with his own stack when too many sell or withdraw.

5. The fallout

- Sun got caught. Reports say he used user deposits to dump his personal tokens that were still locked for a while.

- His address was frozen.

- Retail realized they were exit liquidity.

And once again retail gets slaughtered while insiders rig the game.

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$WLFI is still up 10x-15x from presale

— Probably in large part from them severely penalizing scammers like Justin Sun for breaking the lockup terms of their investment contract

Lots of scammy dudes bizarrely believe that only projects have a monopoly on scamming

No, insanity

No one side has a monopoly on scamming

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Ex-CIA agent says that India has some of the world’s best security agencies and that the country’s influence on the world statue is growing just as quickly as its economy and population

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JUST IN - Trump says that Chicago is "about to find out why its called the Department of WAR."

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You’ve just fled a war zone and you think to yourself how lucky you are because you’ve just hit the jackpot by ending up in “the greatest country in the world”.

Then you hop aboard the light rail and begin to mind your own business when a 55 IQ N1993R plunges a knife into your neck and you bleed out.

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$ETH is repeating historical patterns

We are about to witness a huge rally in the coming months

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BREAKING - A new trend is spreading among the “youths” of Brooklyn, New York City, where they flood roads and walk through traffic to get views on social media, with residents begging for action

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UPDATE: In case you missed it, the kid in this video got a signed bat, a goodie bag, the opportunity to meet with a player one on one, and Marcus Lemonis of BBBY and Camping World gifted him a RV and World Series tickets. The universe activated to make it right

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Most people have no idea what bitcoin is

and people that have heard of it think it’s an investment

and people who bought bitcoin think it’s meant to be locked up and never used

you have no idea how early we are

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My meme coins testing support

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Me leaving my 9-5 job when BTC hits $200,000:

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We may never know why the United States cannot have dense, liveable urbanism served by cheap, reliable public transport

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Without Daniel Penny, you get Iryna Zarutska

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