Analysts at investment bank Compass Point expect potential pitfalls for investors in the World Liberty Financial token when it hits the market in a few days. 

WLFI will become tradable on Memorial Day, setting the Ethereum-based token up for a series of exchange listings at a high valuation, following its debut as a non-transferable governance token roughly a year ago, Compass analysts wrote in a Tuesday note.

Only a portion of WLFI’s total supply will become tradable on Memorial Day, while other tokens remain locked. That could make the token’s value look humungous on paper because over 20% of its supply is held by U.S. President Donald Trump’s family, according to Compass Point analysts. While those tokens can’t be traded, the price at which WLFI changes hands will be assumed for those holdings as well, they wrote.

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Author: André Beganski

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