Continued decline of nearly 80%
WLD fell 13% today due to the news of the huge amount of unlocking, and the decline from the high point has reached 80%!
Starting from July 24, 622 WLD will be unlocked every day for 730 days.
Who can bear such a huge amount of unlocking? The decline may exceed $AEVO! Continuous unlocking leads to negative declines, plus the current total market value of 23.6 billion, and the circulating market value is only 600 million.
According to the current price, $15 million worth of tokens will be unlocked every day. After 730 days, the leeks may not dare to take this huge amount of selling!
Therefore, it is best not to touch the spot of this coin in the short term.
