The governance proposal for WLFI just passed, with 77.75% approval looks good, but the psychological price point of $0.47 is not something to rush into just yet.



This project has fallen 60% from its all-time high, and now plans to unlock 5% of treasury funds to promote the USD1 ecosystem, which does have some points of interest on the surface. USD1 has achieved a $2.2 billion market cap in just six months since launch, maintaining momentum through $2 billion trading volume with MGX and a major exchange. The new round of incentives could attract both retail and institutional investors. Coupled with the previous buyback and burn mechanism, as well as support from well-known industry institutions, the ecosystem development path is somewhat traceable. From a technical perspective, reaching $0.47 is not entirely hopeless.

But risks cannot be ignored. Among the 77.75% approval votes, 56% actually come from just two whale addresses, which makes this governance structure a bit shaky. If large holders decide to dump, retail investors’ capacity to withstand losses will be very fragile. More painfully, 80% of the tokens are still locked, and starting to move inventory for incentives now adds dilution pressure and selling expectations. The project previously experienced over 40% decline due to opaque unlocking information; whether it can avoid repeating the same mistake this time remains uncertain. Additionally, this project carries some political narrative; once policy directions change, it can easily cause volatility. Even changes in executive positions can influence the token price.

Rationally speaking, $0.47 is more like a "barely within reach" height when standing on tiptoes, not a definitive endpoint. The key is whether USD1 can truly attract a new user base, rather than just relying on large institutional trades to support the facade. My strategy is to follow with small amounts and observe, and consider increasing positions only when a genuine correction occurs to a reasonable price. The crypto market has always been like this—what seems more certain often tends to reverse unexpectedly.
WLFI0,23%
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GasFeeVictimvip
· 01-07 04:08
Once again, it's the whales calling the shots, while retail investors are just along for the ride. --- 56% of the votes went to two addresses? This governance is really bold. --- The story of USD1 sounds nice, but I've seen too many of these unlocking bombs. --- You want me to go all-in at 0.47? Dream on, wait for a pullback. --- I'm most afraid of political narratives; a change in policy and everything's over. --- It's always the same, institutions enter, retail investors take the hit—old tricks. --- Small-scale observation is the way to go; projects that can't run away won't miss a month or two. --- 80% of tokens are still locked, and now they want to incentivize? That logic is a bit strained. --- The most certain things are the easiest to turn into a trap—that's what crypto has taught me.
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rekt_but_not_brokevip
· 01-04 14:54
56% voting rights come from two whales? This governance structure is really hard to describe, any big holder dumping the market will make retail investors kneel. 80% of tokens are still locked and being moved around for incentives, it's really incredible. Last time, the lack of transparency caused a 40% drop. Is this time smarter or just continuing to dig their own grave? $0.47 is indeed a bit risky, just follow small amounts and observe, don't think about going all in. Projects that involve political narratives are most afraid of policy changes. When executives change, the token price drops sharply. Have you guys never experienced this? USD 1 with a market cap of 2.2 billion sounds good, but the trading volume looks like big players just hyping themselves. Retail investors buying in are just taking the hit.
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OnChainSleuthvip
· 01-04 14:52
56% voting rights held by two whales, this governance is just ridiculous Politely called "democratic voting," but in reality, it's just the big players calling the shots Be careful, it might be another harvest.
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PanicSeller69vip
· 01-04 14:52
56% of the votes come from two whales. Isn't this just a DAO in disguise, pulling a rug? --- 0.47? Dream on. Let's talk after this wave of unlocks. --- USD1 market cap looks good, trading volume is also strong. The question is, who's picking up the bags? --- Political narrative plus behind-the-scenes manipulation. I’m not playing this game. --- Small-scale observation +1. Anyway, this coin will drop sooner or later. --- 80% not unlocked yet and they’re already moving their inventory. The project team is asking for trouble. --- They didn’t learn their lesson from the 40% drop earlier. I think this time it’s even more dangerous. --- Big whales dump, retail investors get caught with the knife. This governance structure is really bad. --- Can you reach 0.47 just by tiptoeing? Wake up, everyone. --- The most dangerous thing is when something seems certain. The eternal truth of the crypto world.
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BrokenRugsvip
· 01-04 14:49
56% voting rights, two whales are speaking. This is not governance; it's dictatorship disguised as democracy. When those two big players dump, retail investors get buried alive. I don't want to be the bagholder. 80% of tokens are still locked. Now they want to move the reserves for incentives? Dilution and double kill expectations—who dares to take this risk? $0.47? Just listen and don't take it seriously. History will repeat itself.
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