Worldcoin （WLD）, a leading cryptocurrency, is set to undergo a major token unlock phase, releasing 2.38 billion WLD tokens worth $5.54 billion over the next four years.
Points
- 2.38 billion WLD tokens to be unlocked starting tomorrow.
- Tokens worth $5.54 billion will be released over four years.
- Average daily release of 1.63 million WLD tokens.
- Recent token transfers indicate preparation for the unlock process.
Worldcoin （WLD）, a prominent name in the cryptocurrency market, is poised to begin a significant token unlock phase starting tomorrow, July 24. This process will see a total of 2.38 billion WLD tokens, valued at approximately $5.54 billion, being released gradually over the next four years. On average, 1.63 million WLD tokens will be made available daily.
Preparing for the Unlock
In anticipation of this major event, Worldcoin recently transferred 990 million WLD tokens to address 0x2E3…8e5, and an additional 494 million WLD was distributed among 222 addresses. These strategic moves aim to ensure a smooth transition as the unlocking process begins.
Analyzing Worldcoin’s Tokenomics
Worldcoin’s tokenomics have come under scrutiny, particularly concerning its low float rate. According to a recent report by CoinGecko, Worldcoin has the lowest float ratio among the top 300 cryptocurrencies by market cap, standing at 0.02.
Understanding Float Rates
Float rate is the ratio of the market value of a cryptocurrency to its fully diluted market value （FDV）. Cryptocurrencies with low float rates, like Worldcoin, have a significant portion of their token supply yet to be released, potentially leading to future volatility. Conversely, high float rate cryptocurrencies have a larger portion of their total supply already in circulation, providing more stability.
Conclusion
The forthcoming token unlock phase for Worldcoin marks a critical period for the cryptocurrency. With a substantial amount of tokens entering the market, investors should prepare for potential volatility. Monitoring the float rate and market dynamics will be essential for navigating this phase.
解説
- Worldcoin’s token unlock phase is a significant event that could impact its market dynamics.
- Understanding the implications of float rates is crucial for investors to anticipate market movements.
- Strategic token transfers by Worldcoin indicate preparation for the unlock process, aiming to mitigate potential disruptions.
- Investors should stay informed and vigilant to make the most of this critical period in Worldcoin’s timeline.