Why is $WLIFI strongly bearish? Currently, the practical application of $WLIFI is extremely limited, with only governance functions, including voting rights for protocol upgrades and strategic cooperation, which can be understood as governance tokens, but now it seems that WLFI has almost no pegs to its core asset USD1. $WLIFI from the perspective of USD1 $WLFI The initial unlock of the coin price may be 20%, and ICO users will also unlock 20%. At present, the pre-market price is $0.3, which can be said to ensure that the ICO will definitely make a steady profit and not lose money, but compared with $trump, the overall market value of $WLFI is 30 billion US dollars, and the $trump of 3 billion US dollars is up to 50 billion US dollars, even if it reaches the highest market value of 50 billion US dollars in $trump, it can be said that the room for growth is not very large, but the room for decline is very large. Basically, there is no need to think that $WLIFI will not have a big increase, the current USD1 stablecoin is only 2.5 billion US dollars, according to the grapevine, the future will use USD1 interest to buy back $WLFI, 2.5 billion US dollars of $USD 1, the current interest is 0.45%, the interest of a year is only how much, a few million US dollars are obviously not enough to give $WLFI a big enough benefit. Referring to $USD 1's peers, most of them have a market capitalization lower than the market value of stablecoins, while $WLFI $30 billion and $USD $12.5 billion, which is not only not lower, but also 10 times higher! It is certain that WLFI is already very overvalued at present, and a large number of unlocks in the future can refer to Trump's unlocking, and there will only be a larger sell-off. Therefore, the opening 0.3 is definitely super valued, there is not much upward space, and the probability of downward space is extremely high.