What is WLFI's potential next buying asset?
We have three dimensions to speculate:
Investment assets of Polychain
On the official website, Luke from Polychain can be seen
Pearson has become one of WLFI's advisors. (Information about other advisors and team members can be found in this article: Who are the decision-makers behind the Trump project WLFI that is aggressively purchasing crypto assets?) There is a considerable possibility that the tokens purchased will come from Polychain's investment portfolio. According to Rootdata, we can see that not every project in the Polychain portfolio has tokens, and even fewer can be considered seasoned DeFi projects.
Top 100 DeFi assets by market cap on Coingecko
Moreover, the assets previously purchased by WLFI are all within the top 100 by market cap on Coingecko, likely due to considerations of volatility and drawdown. Additionally, regarding WLFI's collaboration with Ethena, its token purchases are likely to carry subsequent collaboration considerations; using the heat and influence of the purchases to collaborate with larger DeFi projects in the market, and then feeding back into WLFI's brand value as a DeFi protocol.
Assets listed on CowSwap (with minor impact)
The decentralized trading platform used by WLFI is CowSwap, which is also one of the more popular DEXs today, with products including AMM, etc. On the CowSwap interface, it can be found that after
Assets verified by CowSwap without manual contract input; if the network choice is Ethereum, there are a total of 374 types, which can be selected as the largest range. CowSwap does not support many networks; apart from Ethereum, only Gnosis is supported.
Base, Arbitrum One, and the Sepolia testnet. Other purchases of WLFI are also likely to occur on CowSwap, so relatively speaking, the possibility for DeFi projects on Solana is not as significant. Of course, this factor has a relatively small impact; WLFI can completely purchase assets from other platforms supporting Solana, manually buy, or purchase OTC.
So, considering these factors, what tokens can be identified?
Also part of Polychain's investment projects / assets listed on CowSwap / and top 100 by market cap on Coingecko:
Maker (MKR), recently upgraded its brand to SKY
Uniswap (UNI)
DYDX (currently ranked 113th by market cap, not much difference)
At the same time, if we consider projects that are not in Polychain's investment portfolio but have high brand value, we can include the following four tokens: Lido, Pendle, Eigen, and Curve. These projects also have some 'American attributes,' and collaboration is equally possible. If we extend the market cap a bit, then 1inch and
Morpho also has a small possibility.
Overall, WLFI's investment strategy is strategic and shows strong capital operation capabilities. In the future, WLFI's purchasing targets may continue to revolve around high-quality DeFi assets in the top 100 by market cap, and this major correction may also become the best window for buying. In the coming term of Trump, WLFI's buying actions may provide important signals for investment decisions.