🔴$WLD UPDATES 🔴
Current Price:  AROUND $1.8

🟢 Recent Performance: WLD has shown some volatility recently, with significant price movements within the past week.

🔵 Resistance Levels: The next key resistance level is at $2.00. Breaking through this level could lead to further gains.

🟡 Support Levels: The immediate support level is at $1.70. If the price falls below this, the next support is at $1.60.

🔴 Technical Indicators:

RSI: The Relative Strength Index (RSI) is currently around 60, indicating that WLD is in a neutral zone but could move towards overbought territory if the upward trend continues.

ARE YOU BUYING OR SELLING ?

Starting July 24, Worldcoin (WLD) will significantly increase its token unlock schedule, releasing 6.62 million tokens daily for the next two years. This surge will raise the monthly emission to $628.17 million.

Current Emission and Market Impact

Currently, 3.19 million WLD tokens, valued at $6.23 million, are released daily. This schedule was set after the project’s launch, with 500 million coins allocated for community distribution. In the past week alone, 22.35 million WLD tokens worth $39.12 million have entered the market, making up 8.19% of the circulating supply.

Future Distribution

From July 24, the Initial Development Team will receive $2.62 million in WLD tokens daily, TFH investors $3.61 million, and the TFH Reserve $451,110. This will increase the daily emission rate to 6.62 million tokens.

Market Implications

The increased token unlocks have coincided with a price decline. Over the past month, WLD’s price has dropped by 55%, currently trading at $1.75. This trend suggests heightened selling pressure, which could continue as more tokens are released.

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