
财经少华|Sep 04, 2025 05:58
Treasure your life, stay away from WLFI.
Project nature and risks: WLFI has been labeled as a highly centralized meme coin, essentially an upgraded version of the TRUMP token. It lacks innovation and is purely profit-driven, carrying extremely high risks.
Team background issues: Among the 9 co-founders, the Trump family is only responsible for marketing and does not participate in operations or technology, nor do they assume legal responsibility. Team members include individuals with criminal records, scam histories, or controversial backgrounds, such as Chase Herro and Zach Folkman.
Token distribution and manipulation: WLFI tokens are highly concentrated, with 6 individuals controlling 40% of the total supply. Over 60% is managed by a few wallets through multi-signature, leading to extreme market volatility and insider dumping. The token has no real utility, and governance rights can be arbitrarily restricted.
Concerns about the USD1 stablecoin: Although the USD1 stablecoin has a market cap of $2.7 billion, 93% of it is concentrated on Binance, with no real-world applications. Its deployment address has been linked to junk tokens, and the design is crude with low transparency.
Website and disclosure issues: The official website contains numerous errors and sloppy content. The disclosed information attempts to shirk responsibility, further proving the project’s unreliability.
Conclusion and recommendation: Strongly advise staying away from WLFI. If you’ve already made a profit, it’s best to cash out promptly. This project relies solely on the Trump brand effect and has no real value.
#WLFI
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