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Worldcoin (WLD) Unlock Concerns Highlighted By Analyst

Published 26/07/2023, 13:07
© Reuters. Worldcoin (WLD) Unlock Concerns Highlighted By Analyst

  • Research analyst Tom Wan warned that traders should look out for the daily WLD unlocks starting today.

  • 3 million tokens, worth approximately $7.7 million, will be unlocked for the community every day.

  • At press time, WLD was worth $2.36 after its price surged by 16+% over the past 24 hours of trading.

Worldcoin (WLD) secured the top spot on CoinMarketCap’s trending list after its price surged by more than 16% over the past 24 hours of trading. The token was launched on Monday, and since then has been rather successful after being listed on some of the top exchanges in the world including Huobi, Bybit, Binance, and OKX.

WLD is a cryptocurrency initiative co-founded by Sam Altman, the CEO of OpenAI. The project’s primary goal is to revolutionize digital identification by introducing the concept of a World ID – a verification system ensuring the authenticity of the ID holder as a genuine human being. However, the project’s iris-scanning orb has received considerable backlash from the community.

A research analyst from 21.co, Tom Wan, shared his own thoughts about WLD on Twitter earlier today. Wan pointed out that WLD’s first week in the cryptocurrency …

The post Worldcoin (WLD) Unlock Concerns Highlighted By Analyst appeared first on Coin Edition.

The post Worldcoin (WLD) Unlock Concerns Highlighted By Analyst appeared first on Coin Edition.

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