Worldcoin Token Unlock, Don't Miss It!

2024-07-15

Worldcoin Token Unlock, Don't Miss It!

BittimeWorldcoin (WLD) accelerated its token unlock schedule, releasing 6.62 million WLD worth $12.91 million into the market starting July 24. This could increase selling pressure on the WLD market price with daily emissions increasing from 3.19 million to 6.62 million tokens.

 

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What is Worldcoin Token Unlock Like?

According to data from Token.Unlocks, Worldcoin (WLD) plans to accelerate its token unlock schedule, increasing selling pressure on WLD's market price. On July 24, 6.62 million WLD tokens priced at $12.91 million will be released to the market.

 

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Currently, 3.19 million WLD tokens regularly hit the market, valued at $6.23 million, which is awarded to community members. This milestone opening schedule was set last year following the launch of the project, with 500 million coins allocated to be distributed to the community.

WLD Token Has Been Released to the Market

In 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 supply. However, these speeds will increase significantly from July 24th.

At the moment Worldcoin is preparing to expand WLD token distribution to additional stakeholders. Starting on that date, the team will begin unlocking distribution for Early Development Teams, who will receive $2.62 million worth of WLD tokens every day for the next 730 days.

TFH Investors Will Get $3.61 Million WLD Tokens

In the same way, over the same period, TFH investors will earn $3.61 million in WLD tokens every day, while TFH Reserve will earn $451,110 in WLD tokens every day.

As a result, over the next two years, Worldcoin's emission rate will increase from the current 3.19 million tokens to 6.62 million tokens per day. Among the 10 billion tokens allocated to the project, 84% are still locked and awaiting release.

Conclusion

Worldcoin (WLD) plans to accelerate its token unlock schedule and plans to release a large number of tokens into the market starting July 24. Currently, approximately 3.19 million WLD tokens worth $6.23 million are released every day as incentives for community members.

However, starting July 24, this number will increase significantly, with an additional 6.62 million WLD tokens worth $12.91 million being released, which will be distributed to investors and the Early Development Team

Over the next two years, this process will increase Worldcoin emissions from 3.19 million tokens per day to 6.62 million tokens per day. WLD's market price could be affected by significant selling pressure, even though 84% of the token stock remains locked.

How To Buy Crypto With Bittime

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You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC)Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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