$WLD Whether as a blogger or shorting to cut leeks, I have written about World Coin for almost a year!
The New Year is coming soon; time flies!
Understanding one coin is equivalent to understanding other blockchains. Seeing different directions from different angles yields different answers. I started out just playing around, like everyone else, losing money on everything I bought! Later, I bought World Coin, initially at 6u, then at 7u. I bought spot, and it rose quite a bit. Later, the unlocking mechanism triggered, and I cleared it out! I mentioned in previous articles that many people advised me to hold on!
Later I bought Dogecoin. You can't say, I remember I bought it for 1.2 RMB, then closed it at 1.4. Now it has doubled. 😑
DYOR! (Do Your Own Research)
World Coin has dropped quite a bit now; due to effective promotion, many friends in the community are from exchanges where World Coin is downloaded. There may not be significant contributions, but there is effort. As the leader of AI, a spring that has been compressed for a long time will eventually rebound, especially considering the large number of people in the World Coin community.
Playing contracts is about controlling the market trends; you are trading the trends!
Buying market trends is half market, half user. As a medium, the product brings surprises, which is pleasing. However, excessive manipulation becomes a fright 🤯. Conversely, market trends come from buyers and sellers, with the platform as a medium, similar to physical buying and selling. However, under the high leverage of contracts, it is very hard to treat it rationally! Buying market trends and observing market trends are different!
Different unlocking mechanisms have become the current hype points in the primary market of the coin circle. Unlike Bitcoin's mining method, everyone should research this themselves. $WLD With a total supply of 10 billion, 75% goes to the community, but requires iris verification as an identity ID, which means there are thresholds. It uses a new verification concept, but specifies an orb (a device for recognizing irises) offline. Whether this still aligns with the decentralized concept of web3 is worth considering!
If World Coin empowers the real economy, it is better understood. After all, airdrops are also a form of relief!
Future market of World Coin
After all, the peak was $12, and now it's hard to maintain $2. If it's spot trading, when to enter? Everyone has heard of the 80/20 rule, right? We can use the circulation as a reference point; entering when the circulation is at 20% is not too late. I have mentioned in my previous articles: what do you think the price of World Coin would be at 15% circulation? Currently, the circulation is 9%!
Let me elaborate here; according to market logic, if there is enough room later, the best scenario for World Coin is to drop back to around 0.2 or even lower. This way, the pressure on the operators is minimal, or they may modify the white paper again (which has been done before). If everyone stocks up again, it can be understood, after all, if the ecosystem of World Coin is really good, there is indeed a lot of space! But at this price, it will eventually be dragged down by operations and then cut leeks!
Regarding the World Coin contract, shorting does not mean I am not optimistic; it is just a means of profit! Different coins can be viewed from different perspectives!
For those trading contracts, this coin, as you may know from my articles, just place your short orders at high positions due to the pinning. If you are fully invested and bullish, it's easy to get liquidated! So I hope World Coin develops better, after all, there are many people in the community, and we can short and long a few times, right!
To reiterate, shorting does not mean I am not optimistic about the development of World Coin. After all, with the backing of the leading AI, this facade is quite evident. But at least some people believe in it, and the more people leave, the more it becomes a path!
Current ecosystem of World Coin
It also has its own public chain and app wallet ecosystem. Compared to $SUI and other similar products, the advantages and disadvantages are quite clear, especially since it's only a year-old product. I hope it returns to its peak soon!
If you see this, please give a follow. Wishing you financial freedom by 2025, and good luck!
Understanding a virtual coin or learning a new feature of an exchange slowly brings you closer to web3, broadening your horizons and developing your own opinions. Everything in web3 requires DYOR!
