Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Worldcoin Launches Token Unlocking Program

Worldcoin Launches Token Unlocking Program

Cryptodnes2024/07/24 13:22
By:Cryptodnes

Worldcoin (WLD) is set to launch a significant token unlocking program on July 24 that will gradually unlock 2.38 billion WLDs worth approximately $5.54 billion over the next four years.

According to these numbers, an average of 1.63 million WLDs will be unlocked daily.

In anticipation of this, Worldcoin has already transferred 990 million WLDs to an address beginning with the 0x2E3 designation and allocated an additional 494 million WLDs to 222 addresses. This strategic move is intended to facilitate a smooth transition once the unlock process begins.

Worldcoin ‘s tokenomics have recently faced criticism, particularly regarding its low float rate. Also, according to the information, Worldcoin has the lowest “float” ratio among the top 300 cryptocurrencies by market capitalization, amounting to 0.02.

READ MORE:
Bakkt може да улови значителен дял от обема на търговията с BTC

This ratio represents the ratio between a cryptocurrency’s market value and its fully diluted market value (FDV). Cryptocurrencies with low float ratios (market value/FDV ratios below 0.51) have a significant portion of the token supply not yet unlocked, which may lead to future volatility as unlocked tokens enter the market.

SHARE: SHARES
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

How much is ETH really worth? Hashed provides 10 different valuation methods in one go

After taking a weighted average, the fair price of ETH exceeds $4,700.

ForesightNews 速递2025/11/28 15:05
How much is ETH really worth? Hashed provides 10 different valuation methods in one go

Dragonfly partner: Crypto has fallen into financial cynicism, and those valuing public blockchains with PE ratios have already lost

People tend to overestimate what can happen in two years, but underestimate what can happen in ten years.

深潮2025/11/28 14:53
Dragonfly partner: Crypto has fallen into financial cynicism, and those valuing public blockchains with PE ratios have already lost

Balancer Rallies to Recover and Redistribute Stolen Funds After Major Cyber Attack

In Brief Balancer plans to redistribute $8 million to users after a massive cyber theft. The recovery involved crucial roles by white-hat researchers rewarded with 10% incentives. Unclaimed funds will undergo governance voting after 180 days.

Cointurk2025/11/28 14:33
Balancer Rallies to Recover and Redistribute Stolen Funds After Major Cyber Attack