🟢 Good News for $WLD Holders 🟢
Worldcoin’s WLD token experienced a sharp 40% increase following the announcement of an extended lockup period for investors and team members. The price has reached $3.13, marking a 45% climb since yesterday.
Tools for Humanity (TFH) revealed that the unlock schedule for 80% of WLD tokens allocated to investors and team members would be extended from three to five years, reducing the daily unlock rate by about 40% from the original 3.3 million WLD per day. This extension aims to allow the protocol to mature before these groups can access their token allocations.
The Worldcoin Foundation emphasized that grants for verified World ID holders remain unaffected by this change. Currently, over 6 million individuals have orb-verified World IDs, allowing them to participate in the Worldcoin network and receive WLD tokens. More than 211 million WLD tokens have been claimed by World ID holders, making up over 77% of the 275 million WLD in circulation. This positive development has significantly boosted market sentiment and trading activity for WLD.
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