On-Chain Analyst Says CMC Lists WLFI TGE Circulation at 27.3B — $9.83B Sell-Pressure Estimate

According to @ai_9684xtpa, CMC shows a Verified WLFI TGE initial circulation of 27.3B tokens versus a 5B prior estimate; the calculation may be inaccurate, and team confirmation of the status remains unclear.

193d ago

Summary

An on-chain analyst (@ai_9684xtpa) reported that CMC lists a Verified WLFI TGE initial circulation of 27.3 billion tokens, significantly higher than a previously estimated 5 billion. Using Binance futures’ current price of $0.3599, the analyst estimates potential opening sell pressure of $9.83 billion. The figure was derived by subtracting team, advisors, partners, and Lockbox tokens from total supply while counting strategic round tokens as circulating, which may make it inaccurate. It is unclear whether the Verified status has been confirmed with the team.

Terms & Concepts

TGE (Token Generation Event): The initial creation and distribution of a project’s tokens, often used as the starting point for tracking supply and circulation metrics.
Circulating Supply: Tokens available to the public, excluding locked or restricted allocations such as team, advisor, partner, or lockbox holdings.
Futures Price (Binance futures): The trading price of a token’s futures contract on an exchange, sometimes referenced to estimate potential market value or sell-side pressure.