This token has a total supply of 100 billion enough to make me discourage someone from investing in the token because personally I don't participate in all of these new altcoins any more. Other big project like BNB had a total supply of 200M which is now at 133M because the rest has been burned, we can see how the coin appreciate during bull seasons and it has a a good utility purpose but just 133M total supply, then why will a WLFI has such high supply, it's a red flag for me, let's look at most of those altcoins that have large supply like that, they are shitcoins. Another important thing to note is the other TRUMP memecoin which dumped so badly after reaching about $50, investing on this one you are talking about is a gamble with a low probability (my opinion) of generating anyone a good profit.
You cannot judge a project's potential based on supply alone. A large total supply doesn't auto make a token shitcoin, just like a low supply does not guarantee it will pump. You also need to look at tokenomics, valuation, circulating supply, and unlock schedule, and actual demand for token.
I checked CMC, and as the member below pointed out. Even after an 83% drop, it's still sitting at $1.8B mcap and nearly $6B FDV. That's the real red flag and a good enough reason to stay away. Aping into coin like this just makes us exit liquidity for them, nothing more.
