Uncovering WLFI: Who is buying it and why?

Source: Liu Jiaolian

Yesterday, BTC closed a long cross star. The opening and closing prices were almost equal at 104.9k. The low point of 99.5k and the high point of 109.8k were exaggerated. The total length of the upper and lower shadow lines is as high as 10.3k, which is a total shadow length of $10,000. Thinking back to six or seven years ago, the price of BTC was only around $10,000. Now, the fluctuations can reach such a level in one day, which is really disappointing. Doji means intense gaming. Naturally, this is closely related to the inauguration of President Trump.

Today, BTC began to decline and once dropped to 100k. It is still temporarily above 100k.

The Trump meme and the Melania meme, which were born on Saturday and Sunday, have completely disrupted the crypto market, which has always been known for its deviance. Soon, the naive will learn an important lesson: liberal capitalism does not have an iron fist, but liberal capitalism does have a sickle. You have the "freedom" to choose between being a nail under the iron fist or being a leek under the sickle.

According to the current revisionist capitalism in the United States, then you are a leek that will be crucified. MAGA conservatism wants to restore the past glory of liberal capitalism by rediscovering “real” freedom—the freedom of the sickle to harvest, the freedom of the leeks to be harvested.

You can’t teach others if you teach them, but you can learn things once you teach them. The Trump meme appeared on Saturday. KOLs shouted orders and posted millions of profits. They were overwhelmed, impulsive, regretful, and FOMO. On Sunday, Liancai charged. Project parties, traders, and KOLs all sold out, pocketing their profits, and exchanging patterns and great dreams for the real money in Liek’s pocket. The price collapsed on Monday, and Leek stood guard at a high position. They were all locked in, suffocated by their dreams, and paid the price for the pattern.

There is one course for three days, and the tuition is quite expensive.

Such a decisive harvest, such a sharp knife technique, where did the "master" and "quick knife" come from?

Gray threads of grass snakes, lying on the ground for thousands of miles.

On the 20th, cryptorank reported that the sales of Trump meme and Melania meme have greatly promoted the progress of the pre-sale of project tokens of the Trump family’s encryption project WLFI (World Free Finance). [1]

In fact, as early as October 16, 2024, Jiaolian Internal Reference and Jiaolian mentioned this WLFI project. According to information obtained at the time, WLFI is a non-transferable governance token with a goal of raising US$300 million and a valuation of US$1.5 billion.

According to reports, on January 20, 2025, the WLFI project officially posted that 20% of the token sales have been completed. In order to respond to everyone's enthusiasm for purchasing, another 5% of the quota will be opened for everyone to purchase!

The total amount of WLFI tokens is 100 billion. The pre-sale price is $0.015.

So we can do a quick mental calculation, 20% is 20 billion, multiplied by $0.015, which is exactly equal to $300 million. The numbers match up perfectly.

Dividing $300 million by 20% is exactly equal to a valuation of $1.5 billion. Nothing wrong.

Now that another 5% share is taken out, which is 5 billion pieces, the price is not $0.015 per piece, but directly increased to $0.05 per piece. The picture below is a screenshot of the teaching chain on the WLFI official website. From the screenshot, you can clearly see that the current selling price is US$0.05.

You can also know from the real-time data on the chart that the new ones are sold for 50 100 million pieces of WLFI have been sold, and 2 billion pieces have been sold, with 3 billion pieces left to be sold.

In this way, WLFI’s total valuation has skyrocketed from US$1.5 billion to US$100 billion times US$0.05, which equals US$5 billion.

There is no doubt that the project has been recommended and endorsed by Trump’s personal verification account. The picture below is a screenshot of Trump’s official tweet on WLFI on August 29, 2024. [2]

On the WLFI official website, many people including Trump himself Each family member is listed on the project team member list.

Some people may wonder that since such an asset cannot be transferred or traded, it cannot be speculated. What are the uses of tokens? Why would anyone buy it?

I wonder if you have ever heard of a word called:

A certificate of nomination.

All people are created equal. But some people are more equal than others. This is the naked truth about how society works.

Nomination certificate is the threshold to squeeze into that more equal circle.

Different circles have different voting certificates: some voting certificates are heads. Some registration certificates are based on blood or birth. The pledge of the capitalist class' sickle circle is very straightforward - it's money.

Squeeze into the sickle circle and you will get four magic weapons: inside information, guidance from experts, power escort, and legal immunity.

Some people say that people in other circles discuss serious matters, do things honestly, seek welfare for the public, and contribute to society. Laughing to death will not pay for your life. An ordinary person at the bottom will always find a way to find a way out by using connections and giving money when encountering difficulties. How can he be so naive as to think that once he possesses the four magic weapons, human nature will become pure? If you know the darkness of human nature and still defend the sickle circle like this, then it is really bad.

So the truth is actually very simple. The reason why leeks are poor is because they cannot squeeze into the circle of sickles. And to squeeze into the sickle circle, you need a lot of money and certificates. This is an endless cycle.

But capitalism has the advantage of using money as its investment name, which is that it remains sufficiently open. If there are new nobles who are extremely smart or ruthless, they can be easily attracted and used for my benefit.

According to cryptorank reports, the number of subscribers to the WLFI project has exceeded 34,000 or qualified entities.

Note that WLFI is sold in full compliance with U.S. securities laws. For domestic investors in the United States, they must be qualified investors that comply with Reg D regulations. We are open to international investors.

According to reports, TRON DAO (ie. Tron Project) spent a lot of money and subscribed for 3 billion WLFI, making it the largest independent investor in WLFI.

Brother Sun subscribed in November last year, so he subscribed for early and cheap tokens. According to what was said above, 0.015 U.S. dollars a piece and 3 billion U.S. dollars should be an investment of 45 million U.S. dollars.

However, Brother Sun should have enjoyed the discounted price.

According to other related reports, in November 2024, Brother Sun invested US$30 million in WLFI.

In other words, the actual discounted price is US$0.01 a piece. Multiply 0.01 U.S. dollars by 3 billion, which is exactly 30 million U.S. dollars.

Divide US$0.01 by US$0.015, which is 66% off, which is a huge discount.

Brother Sun was able to enter the house and naturally established a line with the Trump family.

The WLFI official account also solemnly issued an announcement on November 27, 2024, saying "We are very honored to welcome Brother Sun as the advisor of WLFI" . [3]

However, the list of consultants on the WLFI official website does not include Brother Sun. exposed. Maybe Brother Sun has such a good reputation that he doesn't care about such a false reputation? Or is Brother Sun a visionary and deliberately hiding himself for a big plan? We don't know.

Of course, WLFI was not released on the TRON chain as Brother Sun wished. on Ethereum.

Octavian Lojnita, the project’s head of smart contract development, has previously worked on the Dough Finance project, so according to the leaked code, it seems that the source code of the project was copied and modified. [4]

It can also be seen from the subscription screenshot above that the subscription payment currencies are ETH, WETH, USDT, and USDC. It can also be easily inferred that WLFI tokens are issued on Ethereum. of.

Therefore, in this wave of Trump meme’s quick, accurate and ruthless operations, the project team shipped the goods to Leek who was crazy about buying Solana memes, and then turned around and bought Ethereum, which was abandoned by Leek. Why? The basic base of WLFI is on Ethereum.

Once again, the sickle and the leek walked towards each other and passed each other.

Once again, an irrefutable truth has been verified again: the secret to making money in the financial market is to go against the public.

Some people built a siege city in vain. People outside were squeezing their heads to get in. The people inside took the opportunity to wet themselves out comfortably.

After running out, another siege city was built. People who had just squeezed in or not squeezed in suddenly found themselves outside the siege.

So we turned around and squeezed into the new siege.

Squeeze once and the principal will be harvested once.

If you squeeze a few more times, all the principal will be harvested.

"Zhuangzi: The Master of Health Preservation" puts it well: My life also has a limit, but my knowledge also has no limit. If there is no limit, then there is no limit, it's already a waste! Those who are already aware are almost done!

My capital is limited, but the siege is unlimited. It’s too dangerous to pit the finite against the infinite! Now that you know this, it is even more dangerous to pursue the siege!

WLFI’s method of opening up investment certificates to the world will inevitably open a loophole in the U.S. political system, allowing capital from all over the world to bypass the relevant restrictions of the U.S. Constitution and directly or Indirectly influence the U.S. political agenda.

As California Rep. Maxine Waters, the Democratic leader of the U.S. House Financial Services Committee, criticized: "Through his meme currency, Trump has created a way to circumvent national security and anti-corruption laws." method that allows interested parties to anonymously transfer funds to him and his inner circle "[5]

Reference:

- [2] x.com/realDonaldTrump/status/1829141447087648796

- [3] x.com/worldlibertyfi/status/1861470615749972169

- [4] www.coindesk.com/business/2024/09/03/inside-the-trump-crypto-project-linked-to-a-2m- defi-hack-and-former-pick-up-artist

- [5] www.chaincatcher.com/article/2163783