WLFI still maintains its previous view, 100-150m will be a good position to open a position, as far as I know, there are still many cards in the back of the team that have not been played, give it another week or so, it should be a medium to long-term golden bottom.
I think the follow-up game space of WLFI is still not small, so I will share some of my ideas.
- The fruit of WLFI's lowest drop is to replace FDUSD, and BN's intention to push USD1 was evident a few months ago.
- The "Genius Act" passed by the United States in June obviously intends to issue stablecoins in the future to require a stablecoin license, this bill was signed by Trump himself, USD1 will definitely be obtained, and I don't know if other families can get it (see if the means are dirty or not, this is why I have always thought that usdt will be messed up before, the president's business is to use "compliance" weapons to cut other people's cakes, and the easiest thing to do is usdt, and now I don't see it yet)
- Some time ago, when Alts was acquired, the WLFI team raised funds and talked about a lot of large traditional dollar funds, the consideration is 20 billion, which is indeed not cheap, it is fully priced, and the funds I know are also very "stupid and big money" in my impression, but they are all very good at drilling and are unlikely to be sold in the short term.
- WLFI has a lot of room for imagination, and it can become a strategic trade currency of a major country on top and benchmark USDC on the bottom. But Circle only has a market value of less than 30 billion, and WLFI's current 24 billion is really not low, and there is still a big gap between USD1 and USDC in terms of the status of stablecoins, and this market value is indeed not very suitable to buy the bottom of the profit and loss ratio.
- This market value is no longer something that the altcoin circle can influence, and in the end, it depends on whether it can fomo the liquidity of US stocks.
- If WLFI can reach a range of about 10 billion yuan (0.1-0.15) after the airdrop opens on September 1st, I will consider opening some long-term positions.
- At the same time, the market now only sees WLFI as a stablecoin, but the layout of WLFI is actually more than that, and there are some coins and businesses that the team even does themselves, which I am also observing.
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