With large-scale unlocking imminent, will WLD continue its decline and fall below one dollar?
Speaking of WLD, it is really hard to describe! Back then, it took advantage of the AI boom and soared to a high of $11.72, which was very popular! But who would have thought that once the heat was over, it would fall like a kite with a broken string, and now it is almost falling to the ground of $2, and there is no sign of braking. The community is so gloomy, and everyone is desperate for the future market.
After June 24, WLD will have to face a large wave of token unlocking, a full 6.62 million! According to the current market price, that is 16.28 million US dollars, accounting for one-tenth of the trading volume in the past 24 hours! This unlocking amount is higher than Solana, but WLD's circulating market value is less than one percent of Solana, and the trading volume is far behind. This unlocking amount is simply an astronomical figure! The market liquidity is poor to begin with, and with so much selling pressure at once, it is not difficult to break through one dollar. Some people in the community are calling for a change in the unlocking rules, but is this possible? It's difficult!
WLD is originally a public welfare project, and it has no money-making model of its own. It relies entirely on the popularity of AI and the charm of Sam Altman. The idea of public welfare + crypto is quite fresh, but we have to face the reality that non-financial applications in the crypto field are simply not suitable for the local environment!
In general, WorldCoin's UBI vision is quite grand, but investors in the crypto field are not their target group. Although the new GPT release may bring some boost to WLD, you see that the overall liquidity of the currency circle is so poor, and WLD continues to unlock, and the story can't be told. This currency price still has a lot of room to fall!
Now the market price has reflected the negative news of the unlocking, and the price may be swaying in the short term, but in the long run, if the project party is not more active, or the external environment does not improve, WLD will fall below one dollar, which is a sure thing!
The market is volatile, and it is the right time to trade contracts! Whether you prefer contracts or spot, you are welcome to join the discussion. My point judgment has always been accurate, and old fans have experienced it. After the decline of the market, I have laid out some potential coins and are ready to welcome their explosion.If you are interested, please leave '888' in the comment section and I will take you on board!
