The WLFI derivatives are garnering strong market interest, with open interest climbing to nearly 1 billion USD. The trading volume for these derivatives surged by over 535%, reaching approximately 4.54 billion USD in a single day.
The WLFI token, currently trading around 0.34 USD, faces a critical unlocking of 5% of its supply, which could significantly impact trading dynamics. If price levels hold, the market cap could near 34 billion USD, positioning WLFI among the top cryptocurrencies.
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