The WLFI token, with a total supply of 100 billion, is set to unlock 20% of its public sale tokens during the Token Generation Event (TGE), amounting to 25 billion tokens. If all participants transfer and activate their tokens in the Lockbox, the TGE circulation would be 5 billion tokens, representing 5% of the total supply, with a potential sell-off valued at $1.93 billion at the current Binance contract price of $0.3858.
However, Tokenomist_ai has identified that the WLFI smart contract shows only 1.843 million tokens allocated to early presale users, leaving 657 million tokens unaccounted for. If this discrepancy is accurate, the TGE circulation could reduce to 3.68 billion tokens, equating to a $1.42 billion sell-off. As of 8 PM tonight, the WLFI Lockbox contract has received 16.395 billion tokens, indicating that only 65.5% of presale tokens have been activated, and the final TGE circulation will depend on the total tokens deposited by investors.
WLFI Token TGE Circulation May Be Lower Than Expected
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