• EndOfLine@lemm.ee
    link
    fedilink
    English
    arrow-up
    31
    ·
    1 month ago

    WLFI has a current value of $0.0000000000034 USD.

    That’s about 3 billion WLFI for 1 penny. What a deal!

    • JohnEdwa
      link
      fedilink
      English
      arrow-up
      17
      ·
      1 month ago

      According to this article, they “sold 846.63 million tokens valued at $12.7 million” on the first day, leaving “19.1 billion coins worth $287 million unsold”.
      At the current price, $12.7 million USD would require 65,376,030 Trillion WLFI, so to get the money back you just have to own 3.2 billion times more WLFI tokens that exist.

      • Dozzi92@lemmy.world
        link
        fedilink
        English
        arrow-up
        6
        ·
        1 month ago

        Hey, I made a bunch off a penny stock once time. Ignore that I’ve invested in penny stocks more than once.