WLFIUSDT.P is a protocol affiliated with the Trump family and managed by Chase Herro and Zak Folkman - both with a notorious past with Herro reffering to himself as the 'scumbag of the internet'.World Liberty Financial has a major product in USD1. As of today its the sixth larget stablecoin by supply. $2.4b circulating with increasing adoption. USD1 is the main product of WLFI.
In the video I compare WLFI and USD1 to its competitors in
ENAUSDT and USDe, 
CRCL and USDC. With this comparison you see a massive overvaluation of WLFI at ~$23b compared to $2.4b supply of USD1. Relative to ENA at $9b with $12b USDe supply. Circle is $30b with $70b USDC.
This shows an extreme extra cost added to WLFI with no real current product to rationalise it. Not to say that there wont be new products or a major expansion of USD1.. only that its priced as if theyve already achieved it.
Use Link For Community Chat, Education, Data & News
discord.gg/8yEVsDFMUA
discord.gg/8yEVsDFMUA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Use Link For Community Chat, Education, Data & News
discord.gg/8yEVsDFMUA
discord.gg/8yEVsDFMUA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.