2024

World

Worldcoin

Notable

<p>The post <a href="https://coinpedia.org/news/worldcoins-2x-profits-understanding-why-wld-jumped-to-8/">Worldcoin’s 2x Profits: Understanding Why WLD Jumped to $8</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In a week that caught the attention of the crypto community, Worldcoin’s native token, $WLD, has experienced an extraordinary surge, skyrocketing by more than 200%.&nbsp;</p> 
<p>The iris biometric cryptocurrency project, led by Sam Altman, has sent ripples across the broader crypto market, with its price <a href="https://markets.coinpedia.org/worldcoin-org/">reaching $8</a>, showcasing a remarkable 42.60% increase in the last 24 hours and an astounding 200% surge on weekly charts.</p> 
<h2 class="wp-block-heading" id="h-major-milestone-nbsp">Major Milestone&nbsp;</h2> 
<p>The Worldcoin community proudly announced a major milestone in its recent statement, disclosing that the World App, Worldcoin’s wallet, has now garnered over 1 million subscribers this week.</p> 
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   <p lang="en" dir="ltr">World App, the first wallet built for the Worldcoin project, passed 1M daily users this week. This community is incredible <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fae1.png" alt="🫡" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/Mf6Y51gscQ">pic.twitter.com/Mf6Y51gscQ</a></p>— Worldcoin (@worldcoin) <a href="https://twitter.com/worldcoin/status/1758897369872056585?ref_src=twsrc%5Etfw">February 17, 2024</a>
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<p>On 17 Feb 2024, the World App wallet achieved this remarkable feat, signaling a series of breakthroughs for the Worldcoin project. The surge in the project’s adoption aligns seamlessly with the ongoing rally in WLD prices, creating a positive energy for the Worldcoin ecosystem.</p> 
<h2 class="wp-block-heading" id="h-tokenomics-and-supply-dynamics">Tokenomics and Supply Dynamics</h2> 
<p>Examining Worldcoin’s tokenomics, the total supply of 10 billion WLD coins, is valued at an impressive $74.71 billion. Within this framework, the circulating supply accounts for 130.76 million $WLD, making up a modest 1.31% of the overall total.</p> 
<p>However, the distribution plan includes 75% for the Worldcoin Community, 9.8% for the Initial Development Team, 13.5% for TFH Investors, and 1.7% for TFH Reserve.</p> 
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<p>Delving into the top 10 holders collectively own a staggering 9.15 billion $WLD, representing 91.5% of the total supply. Notable holders include Teneo, a 3AC Liquidation (75 million $WLD, $579 million), and Alameda, an FTX Bankruptcy Estate (25 million $WLD, $193 million).&nbsp;</p> 
<p>Worldcoin has successfully raised $240 million across three financing rounds, securing support from major investors, including Blockchain Capital, Andreessen Horowitz, Bain Capital Crypto, Coinbase Ventures, Digital Currency Group, Khosla Ventures, 1confirmation, and Blockchange Ventures.</p> 
<h2 class="wp-block-heading" id="h-smart-trading-tactics">Smart Trading Tactics</h2> 
<p>In the past week, three big whales took out a total of 2.8 million $WLD ($21 million) from Binance and OKX.</p> 
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   <p lang="en" dir="ltr">6/ In the past week, 3 whales withdrew a total of 2.8M <a href="https://twitter.com/search?q=%24WLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$WLD</a>($21M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw">#Binance</a> and <a href="https://twitter.com/hashtag/OKX?src=hash&amp;ref_src=twsrc%5Etfw">#OKX</a>.<a href="https://t.co/CuPm1ozPaz">https://t.co/CuPm1ozPaz</a><a href="https://t.co/xTnV0UUjec">https://t.co/xTnV0UUjec</a><a href="https://t.co/LF4SsA0huQ">https://t.co/LF4SsA0huQ</a> <a href="https://t.co/p2Qp3UXoqq">pic.twitter.com/p2Qp3UXoqq</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1759585217113997765?ref_src=twsrc%5Etfw">February 19, 2024</a>
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<p>Highlighting the smart trading activity, “SmartMoney” with the wallet address of “0x0258” demonstrated sharp buying strategies. Notably, the trader bought 267,062 $WLD ($534,000) on November 1 and sold on December 19, realizing a profit of $519,000 (+97%).&nbsp;</p> 
<p>Similarly, a subsequent trade involving 282,448 $WLD ($784,000) on January 12 and a recent sale resulted in a profit of $1.08 million (+137%).</p> 
<p>The recent jump in Worldcoin’s price, combined with smart moves from investors, has lit up the crypto scene. Observers are excited about what’s next in the upcoming weeks.</p>

Worldcoin’s 2x Profits: Understanding Why WLD Jumped to $8

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