WLFI CEO Zach Witkoff responds to a recent article questioning WLFI, pointing out multiple errors.
According to ChainCatcher, WLFI CEO Zach Witkoff responded on X to a recently circulated article on the platform, which was allegedly written by a “WLFI Web3 Ambassador” and contained doubts about WLFI. After verification, the author of the article is not a member of the WLFI team and has no connection to WLFI.
Zach Witkoff stated:
1. The article equates WLFI with the Trump Meme Coin, but they are completely unrelated;
2. WLFI has no connection with “fight fight fight” or CIC CIC digital;
3. Early holders of WIFI bought in at prices of $0.015 and $0.05, and today’s price is $0.08;
4. WIFI does not use “transaction fees” as its main product. The main product of WIFI is stablecoins, which generate income by holding government bonds. Based on trading volume and market capitalization, WIFI’s stablecoin is the second largest compliant stablecoin.
Zach Witkoff also responded: “More thorough research should be done before writing a long thread.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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