This looks like another Trump special, seems all #crypto# project by the Trump family paint this chart🩸

The $WLFI token, linked to the @realDonaldTrump family, is part of a broader pattern of ruthlessly extracting value from the crypto market, especially from retail

•  Futures contracts for $WLFI opened before the token itself was even available
- No real supply
- Just a betting market built for insiders to profit before the public can even touch the asset

•  Price spiked early, then dropped ~50%, suggesting insider-led selling before retail could enter

•  Trump-related holdings include:
 - DT Marks DEFI LLC: 22.5B WLFI
 - Donald Trump personally: 15.75B WLFI
 - ALT5 Sigma: 7.5% of supply as a publicly traded treasury proxy

• At the peak so far ($0.42), Trump family’s paper holdings reached ~$16 billion

• 20% of tokens unlock Sept 1; 80% remain locked under governance control, consolidating insider advantage

• No spot market exists yet so retail cannot hedge

• Smart contract was reportedly uninitialized and taken over by an unknown wallet, raising serious oversight concerns

• Exchanges profit from listing WLFI futures via trading and liquidation fees, regardless of fundamentals

• This follows earlier cash-grabs via $TRUMP and $MELANIA , projects that capitalized on branding without delivering utility. Both dumped heavily on retail

• Pattern: political branding → insider access → futures market listing → retail entry → extraction

Net result: concentrated profits for the Trump family and affiliated entities while retail traders bear the financial downfall