@infiniteinsight
Following the launch announcement, exchanges like Binance, OKX, and Hyperliquiquit announced the launch of pre-market trading for the WLFI/USDT perpetual contract. The contract price surged to $0.55 that day, corresponding to a fully liquid valuation of approximately $55 billion. However, the price subsequently fell rapidly, plummeting by over 60% to approximately $0.20 in pre-market trading.
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