Picked up some $Flipr on this pullback at a $13M valuation. Eyeing it as a mid-term setup, expecting a solid 50–100% bounce, possibly more if the integration rumors I’m hearing pan out.
Morning. Kicking off a DCA position in WLFI around 28c
Ignored
FDV is sitting at $28B. Expected circulating supply at launch is somewhere between 5% and 15%, which would translate to a market cap of roughly $1.5B to $4B.
The team appears to be setting things up for a day-one supply crunch, likely because they anticipate downward pressure on the token post-launch. At this valuation, it's significantly overpriced, unless they can massively grow their stablecoin reserves (a 10x increase would be necessary).
On the flip side, their affiliated treasury arm, ALTS, reportedly raised $1.5B to accumulate tokens at 20c. I also know of several other strategic investors who got in at that price. Since those tokens are locked up, I’m treating 20c as the effective floor for now. I’ll continue scaling in until I hit my target allocation before it hits that level.
Here’s what I’m anticipating: books will be thin despite high pre-market activity. A lot of early ICO participants (possibly some strategic partners too) are likely looking to lock in easy 5–15x gains. Meanwhile, the team understands that first-day price performance heavily influences their upside.
I expect open interest to build up, with a wave of short liquidations as we get closer to the listing. Hard to call day one exactly, but my general strategy is:
Long in the $20B–$30B range
Short in the $60B–$80B range
Here’s what I’m anticipating: books will be thin despite high pre-market activity. A lot of early ICO participants (possibly some strategic partners too) are likely looking to lock in easy 5–15x gains. Meanwhile, the team understands that first-day price performance heavily influences their upside. I expect open interest to build up, with a wave of short liquidations as we get closer to the listing. Hard to call day one exactly, but my general strategy is: Long in the $20B–$30B range Short in the $60B–$80B range
Ignored
I’m expecting a similar setup to how PUMP played out.
If we map the same structure: the lower bound (PUMP at $4B) would translate to around $20B for WLFI, and the upper range (PUMP at $7B) aligns with a $40–50B cap here.
First blue line marks the token sale, second one is TGE.
Likely scenario: some early volatility drifting lower toward the floor over the initial pre-market days, followed by a move upward. If you're being cautious, exiting before TGE might make sense. Post-TGE, I’m expecting a consistent downward move.
