Token

Worldcoin

Impact

Coin

<ul class="news-points">
 <li>Worldcoin’s token unlock schedule is set to intensify starting July 24.</li>
 <li>The project’s emission rate will surge to 6.62 million tokens daily for the next two years.</li>
 <li>WLD’s emission for July is projected to reach a staggering $628.17 million.</li>
</ul>
Worldcoin (WLD) is set to accelerate its token unlock schedule, increasing selling pressure on the <a href="https://coinedition.com/worldcoin-wld-price-rallies-3-despite-worldcoins-pause-of-spanish-operations/" rel="noopener noreferrer nofollow">WLD market price</a>. 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 <a href="https://coinedition.com/is-worldcoin-wld-a-buy-or-sell-analyzing-the-impact-of-token-unlocks/" rel="noopener noreferrer nofollow">Is Worldcoin (WLD) a Buy or Sell? Analyzing the Impact of Token Unlocks</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

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

Coin Edition

Other articles published on Jul 12, 2024

3 Crypto Losers Of This Week In Buy Zone, Should You Invest?

BlockDAG’s Big Bang Launch: X1 Miner App Hits $57.4M Presale as Investors Ditch Shiba Inu Update ...

US Congressman Fights for Release of Detained Binance Exec

Germany’s Rapid Bitcoin Sell-Off: $521M Holdings Cut in 24 Hours

RWA Tokens Ready to Surge? Top Picks by Crypto Whales: Reasons Why CYBRO Set to Dominate Market

Bitcoin Market Share Drops

Join our free newsletter for daily crypto updates!