WLD's price fluctuations seem to be closely related to the overall market trend, and its rise is mainly due to the recovery of the broader market. As a popular cryptocurrency in the field of AI, WLD has a more attractive story background, which keeps it popular among investors. However, if you are considering investing in WLD, you should be aware that starting from July 24, 2024, the token will face a large-scale linear unlocking period. Specifically, about 6.62 million WLD will be released to the market every day, which is equivalent to a value of about 18 million US dollars. This unlocking process will last for 730 days, and the unlocking parts involved include community shares, holdings of the initial development team, and shares of early investors.
Therefore, before making an investment decision, it is important to consider the impact that these upcoming unlocked tokens may have on the market supply and price of WLD. In the cryptocurrency market, large-scale unlocking often leads to short-term pressure on token prices, because the newly added circulation may exceed market demand, resulting in a price drop. Therefore, even if you are optimistic about the prospects of WLD, you need to carefully evaluate this potential risk.