WLD fell below $8! Analyst: Worldcoin will usher in huge amounts of unlocking in the next few weeks

Worldcoin, a cryptocurrency project co-created by OpenAI CEO Sam Altman, has experienced a surge this month. WLD has surged 223.6% in the past two weeks, once exceeding 9 Dollar.

The violent rise in the market has attracted people's attention. Some communities speculate that this may be related to OpenAI's recently released new video generation AI model Sora and the market value of Nvidia, a major AI chip manufacturer, that continues to reach new highs. However, it should be noted that Worldcoin is not currently cooperating with these AI companies, nor is it involved in the field of AI. It may be more affected by market hype.

Analyst: WLD will usher in huge amounts of unlocking in the next few weeks

As WLD hits new highs again and again, anonymous analyst @DefiSquared posted on the social platform later yesterday (26th) A post on The "hidden" unlocking of WLD has begun to grow exponentially. In the next few weeks, Worldcoin will distribute more than 10 million WLD (about 92 million U.S. dollars) to users, and will distribute it at a faster rate every two weeks thereafter. In fact, WLD's The circulating supply is growing steadily.

Worldcoin project party may appear to control the currency price

In addition, he also pointed out that the Worldcoin Foundation has fully grasped the liquidity of the WLD treasury that has been unlocked, which also means that they may Shipping through over-the-counter (OTC) transactions at the current high currency price: The co-founder of Worldcoin stated in August last year that the original intention of the market-making agreement was to prevent the price from skyrocketing to $10, so they are very likely It will intervene in the market at any time to suppress WLD's price fluctuations, which may also put the current price at a permanent top. Buying at this stage may mean entering the market at historical highs. This investment is extremely risky, and this risk will continue to expand over time.

Analyst: The risk of buying WLD is very high at the moment

Finally, @DefiSquared pointed out that based on data from past bull markets, about 97% of the top 200 altcoins will eventually fall. Reaching 90% or more, WLD, as a Meme currency with a higher valuation than OpenAI, will not be an exception: this is a historic shorting opportunity, but this currency will often continue to rise to break through before forming a permanent peak. Due to their psychological expectations, most people may not have the patience, margin, or willpower to remain short if it continues to rise. But at least, given the above situation, the risk of buying and holding spot WLD at present is extremely high.

WLD fell below 8 US dollars

Judging from the current currency price, although Bitcoin’s rise last night led to a general rise in the overall market, WLD was not stimulated. Yesterday (26 ) fell from the level of 9.2 US dollars at noon on the day, and is currently trading at 7.8 US dollars at the time of writing, down nearly 10% in the past 24 hours.

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