Is Worldcoin (WLD) a Buy or Sell? Analyzing the Impact of Token Unlocks
🚨 Understanding Worldcoin's Token Unlock Schedule 🚨
Worldcoin (WLD) is set to accelerate its token unlock schedule, releasing 6.62 million WLD tokens valued at $12.91 million by July 24. This marks a significant increase from the current 3.19 million tokens distributed daily. The project, allocating 500 million coins for community distribution, will now extend distributions to Initial Development Teams and TFH investors, releasing $3.61 million and $451,110 worth of WLD tokens daily respectively over the next two years.
This surge in token emissions, totaling an estimated $628.17 million in July alone, reflects a substantial increase in supply and has coincided with a recent 10% drop in WLD's price within 24 hours. With $3.5 billion+ in tokens set to unlock this month across various projects, it's crucial for investors to stay informed about market dynamics.
📉 Despite recent price fluctuations, remember to conduct thorough research and exercise caution when navigating volatile markets. Stay tuned for more updates!
