Establishing a $ALTS position
The logic is simple. The current $WLFI contract price is $0.20, with a FDV of $20 billion.
$ALTS raised $1.5 billion in the capital market, purchasing 7.5% of $WLFI. The board of directors also added @EricTrump as a director and WLFI co-founder Zach Witkoff as chairman.
$WLFI released 20% of its chips at the opening, representing a market capitalization of $4 billion.
Market makers have $2 billion to support the market.
Buying $ALTS at this price, with a market capitalization of $800 million, is roughly equivalent to buying $WLFI for $0.10.