Worldcoin significantly extends token unlocking time: Can it reverse the massive selling pressure?

Recently, the Worldcoin Foundation announced a major decision to significantly extend the lock-up period of the WLD token, which was originally planned to be unlocked in a shorter period of time. This decision has undoubtedly attracted widespread attention in the market, especially for the massive selling pressure of the WLD token. All parties in the market are looking forward to whether this move can bring a turnaround.

Since the launch of Worldcoin's WLD token, its circulation and unlocking speed have always been the focus of market attention. In particular, with the continuous unlocking of tokens, a large amount of selling pressure has appeared in the market, causing the price of WLD to be under great downward pressure. In order to alleviate this problem, the Worldcoin Foundation decided to extend the unlocking time of tokens, especially for the tokens of early contributors of Tools for Humanity (TFH), whose lock-up period will be extended from the original two years to four years, and finally unlocked in July 2028.

The original intention of this decision is to support the long-term and stable development of the Worldcoin ecosystem. By extending the unlocking time of tokens, the supply of tokens in the market can be reduced in the short term, thereby reducing the impact of selling pressure on prices. Judging from market performance, this decision seems to have achieved certain results. After the announcement, the price of WLD rose to a certain extent, showing the market's positive response to this decision.

However, it is worth noting that although extending the token unlocking time can alleviate the selling pressure problem to a certain extent, it cannot fundamentally solve the problem of excessive WLD token circulation. In addition, the market still has certain uncertainties about the long-term development of Worldcoin, including its technical strength, application scenarios, and market acceptance.

Therefore, for Worldcoin, extending the token unlocking time is only a means for it to deal with the selling pressure problem. In the future, Worldcoin will also need to continue to work hard in technological innovation, ecological construction, and market expansion to enhance its overall competitiveness and market value. Only in this way can the long-term and stable development of Worldcoin be truly realized and the current situation of sky-high selling pressure can be reversed. #比特币行情 #以太坊ETF通过 #山寨季何时到来？ #美国大选如何影响加密产业？ #币安7周年 $BTC $BNB