TradingKey – WLFI’s initial circulating supply has blown past forecasts, stoking fears of a retail-led sell-off — while institutional investors may not be swayed.
On Monday, September 1, CoinMarketCap data revealed WLFI’s initial circulating supply at 27.3 billion tokens, compared with the 5 billion tokens the market had anticipated. Many investors were shocked by the discrepancy and even questioned the reliability of CoinMarketCap’s figures.
CoinMarketCap CEO Rush took to social media to confirm that the circulating supply data had been verified multiple times with the WLFI project team. Despite these reassurances, disappointed holders unleashed criticism on WLFI’s developers.
A poll in WLFI’s official Discord community found that retail investors remain bullish, targeting $0.50 per token, while “whales” are setting their sights even higher — above $1.00. Meanwhile, perpetual contract prices on OKX, Binance, and other exchanges hover around $0.30.
With spot trading set to begin in roughly three hours, the token’s debut could prompt panicked selling among retail participants. Large volumes of WLFI may shift into institutional hands, leading to highly concentrated holdings and intense volatility. Traders should brace for a turbulent start once WLFI goes live.