What's the potential of World Coin $WLD?
WLD from World Coin for listed on Binance and other exchanges today, with a highest price above $5. It's currently trading at $2.52 per token.
The big question is; should you buy?
I've thought hard about it, and it's hard to see the potential for an upside here. Here's why.
🔸 WLD has total supply of 10 billion
🔸 Only 104 million in circulation (1%)
🔸 80% tokens reserved for the community
🔸 Market cap =$267 million
🔸 FDV = 26.7 billion
With only 1% tokens in circulation, prepare for serious dilution as more tokens are released.
Yes, AI stuffs have crazy valuations. But 1% initial circulating tokens is a horrible idea.
Since 8 billion tokens are reserved for the community, my advice will be to see how to claim some of those tokens for free, rather than buying.
WLD from World Coin for listed on Binance and other exchanges today, with a highest price above $5. It's currently trading at $2.52 per token.
The big question is; should you buy?
I've thought hard about it, and it's hard to see the potential for an upside here. Here's why.
🔸 WLD has total supply of 10 billion
🔸 Only 104 million in circulation (1%)
🔸 80% tokens reserved for the community
🔸 Market cap =$267 million
🔸 FDV = 26.7 billion
With only 1% tokens in circulation, prepare for serious dilution as more tokens are released.
Yes, AI stuffs have crazy valuations. But 1% initial circulating tokens is a horrible idea.
Since 8 billion tokens are reserved for the community, my advice will be to see how to claim some of those tokens for free, rather than buying.