2026-01-17 03:30:10

Recently, looking at the USD1 market, the decline has exceeded 20%, which is a bit hard to understand. The annualized returns of these stablecoins in wealth management seem pretty good, but they ended up losing value, which doesn't quite add up logically.

Speaking of which, this also has an impact on currencies like WLFI. If USD1 continues to be under pressure, can WLFI stay stable? This could indeed be an opportunity, but I still feel that WLFI's market cap of over 10 billion is a bit inflated. In comparison, Circle behind USDC has a market cap of only 18.5 billion, and WLFI's valuation is already approaching that, which makes this comparison a bit off.

I traded WLFI a few times before, but honestly, the trading experience wasn't very smooth, so I didn't pay much attention afterward. I recently took another look, and I'm still hesitant, so I haven't taken any action for now. What does everyone think about this round of adjustment?

USD10,01%

WLFI0,41%

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GraphGuru

· 8h ago

Stablecoins are failing one after another. This time, USD1 dropped 20% and was directly broken. High-yield traps, everyone. WLFI's valuation is really a bit exaggerated. It's almost catching up with Circle in market cap. What's the logic behind this? Let's wait and see. It's really hard to trust these kinds of coins right now. Given the current market situation, it's better to be cautious.

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BrokenRugs

· 8h ago

Stablecoins drop 20%? Isn't that the essence of "stability" haha, it cracks me up To be honest, WLFI's valuation is indeed a bit outrageous, way too far off compared to Circle, it feels like it's just hype built up Poor trading experience and still expect people to pay? I really don't believe this kind of thing can be stable

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DuckFluff

· 8h ago

By the way, the recent drop of USD1 is a bit outrageous, and high-yield scams are all traps. WLFI's valuation is indeed inflated, almost on par with Circle—who can make sense of this logic? I also avoid coins with poor user experience; let's wait and see.

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consensus_whisperer

· 8h ago

Damn, the USD1 drop this time is unbelievable. Can't keep telling the high-yield stories anymore? WLFI's valuation is indeed a bit scary, feeling like betting on a future that doesn't exist. To put it simply, it's still that saying: without real application scenarios, it can't hold up.

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WhaleMinion

· 8h ago

Stablecoins can also drop 20%? This wave is really outrageous, it feels like the entire narrative has collapsed --- WLFI with a market cap of hundreds of billions compared to Circle, that's really a bit much, Circle at least has real fundamentals --- Even with higher annualized returns, it can't withstand the shrinking principal, this is a joke --- WLFI's trading depth is poor, slippage is huge, still dare to touch this thing? --- A crash from USD1 is a signal, who still believes in these financial management coin promises? --- Let's wait and see, it's hard to tell whether it's the bottom or if it will continue to drop, too uncertain --- Same feeling, WLFI's liquidity is really bad, I would rather hold USDC --- Overinflated valuations will eventually return to reality, it's just a matter of time

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SerumSquirter

· 8h ago

Stablecoins dropping 20%—how outrageous is that? It feels like there's an inherent problem with this logic. USD1 really collapsed in this wave. WLFI still wants to be stable? Dream on. WLFI's market cap is almost catching up with Circle. That valuation is indeed outrageous; it feels like a big bubble. Coins with terrible trading experiences—no matter how cheap they are, I won't touch them. When comparing annualized returns to the downward pressure, it's clear this isn't a safe asset. I can't see any reason worth bottom-fishing for WLFI. Opportunity? I think it's a trap. Let's wait and see.

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