The performance of $WLFI on its first day of launch was less than satisfactory. I took some time to check the current holdings in the top 50. Currently, 90% of the top 50 are locked up, and the locking situation is very close to what the team previously mentioned and estimated, which is a deviation of only 6-8% (the top 50-100 also have a batch of small OTC wallets, which should also be considered within the locked range). This means that the massive trading volume generated by the simultaneous release across all chains and exchanges only caused $WLFI's market cap to drop from 2 billion to 1.4 billion. From the performance over the past few months, whether it's the new highs of BTC or ETH, it seems that the enthusiasm in various groups is not as fervent as in the past. I didn't experience the last bull market, but it seems that it's even less lively than when playing with the three-zero NFT golden dog. This may be because both BTC and ETH are driven by external funds, and the chips in the hands of on-site players have been continuously taken away. A new round of smart money is gradually turning into whales, and everyone is clearly more adept at managing the risks of their assets, which means that even for narratives at the level of $WLFI, the whales that missed out are unlikely to buy in and may even short heavily, preventing the market from forming a consensus. I think if $WLFI were placed in the DeFi summer of 2021, it would be completely different from now. Perhaps when the mainstream fully embraces crypto, this once wild, vibrant, and opportunity-filled market will eventually converge its volatility and slowly move towards compliance. However, it cannot be denied that before the 10s and 20s create their own wild market, crypto remains the best choice for ordinary people. Of course, I still hope that $WLFI can truly bridge traditional finance and crypto, providing on-site players with another option aside from just trying to guess the conspiracy behind the market manipulated by devs and whales.