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MainNewsIs Worldcoin...

Is Worldcoin (WLD) a Buy or Sell? Analyzing the Impact of Token Unlocks


by CoinEdition
Worldcoin (WLD) Tokenomics in Focus: How Will $600M Unlock Impact Price?
  • Worldcoin’s token unlock schedule is set to intensify starting July 24.
  • The project’s emission rate will surge to 6.62 million tokens daily for the next two years.
  • WLD’s emission for July is projected to reach a staggering $628.17 million.

Worldcoin (WLD) is set to accelerate its token unlock schedule, increasing selling pressure on the WLD market price. According to data from Token.Unlocks, 6.62 million WLD tokens valued at $12.91 million will be released into the market by July 24.

Currently, the market experiences a regular influx of 3.19 million WLD tokens, valued at $6.23 million, distributed to community members. This unlock schedule was established last year after the project’s launch, with 500 million coins allocated for community distribution.

In just the past week, 22.35 million WLD tokens, worth over $39.12 million, have been released into the market, accounting for 8.19% of the current circulating supply.

However, this pace will increase significantly starting July 24 as Worldcoin prepares to expand its WLD token distribution to additional stakeholders. From that date, the team will begin unlock distributions for the Initial Development Te…

The post Is Worldcoin (WLD) a Buy or Sell? Analyzing the Impact of Token Unlocks appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsIs Worldcoin...

Is Worldcoin (WLD) a Buy or Sell? Analyzing the Impact of Token Unlocks


by CoinEdition
Worldcoin (WLD) Tokenomics in Focus: How Will $600M Unlock Impact Price?
  • Worldcoin’s token unlock schedule is set to intensify starting July 24.
  • The project’s emission rate will surge to 6.62 million tokens daily for the next two years.
  • WLD’s emission for July is projected to reach a staggering $628.17 million.

Worldcoin (WLD) is set to accelerate its token unlock schedule, increasing selling pressure on the WLD market price. According to data from Token.Unlocks, 6.62 million WLD tokens valued at $12.91 million will be released into the market by July 24.

Currently, the market experiences a regular influx of 3.19 million WLD tokens, valued at $6.23 million, distributed to community members. This unlock schedule was established last year after the project’s launch, with 500 million coins allocated for community distribution.

In just the past week, 22.35 million WLD tokens, worth over $39.12 million, have been released into the market, accounting for 8.19% of the current circulating supply.

However, this pace will increase significantly starting July 24 as Worldcoin prepares to expand its WLD token distribution to additional stakeholders. From that date, the team will begin unlock distributions for the Initial Development Te…

The post Is Worldcoin (WLD) a Buy or Sell? Analyzing the Impact of Token Unlocks appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Movement Labs Cuts Ties With Co-Founder Rushi Manche Over Undisclosed Token Deals

Movement Labs Cuts Ties With Co-Founder Rushi Manche Over Undisclosed Token Deals

Movement Labs has severed all ties with co-founder Rushi Manche amid mounting concern...
Early Morning Market Moves: Bitcoin Edges Closer to $100K, Ether Overcomes $1,900

Early Morning Market Moves: Bitcoin Edges Closer to $100K, Ether Overcomes $1,900

The cryptocurrency market is booming during Thursday’s early morning hours, with bitc...