WLD Token Performance Overview
Since March, WLD (Worldcoin) has experienced a continuous downward trend, dropping from a peak of nearly 12 USDT to a low of 1.72 USDT. This decline stems from overall market conditions and persistent selling pressure due to large-scale, ongoing token unlocks.
In recent days, Worldcoin implemented two rule changes affecting token release schedules, triggering price surges of 8% and 13% respectively. This analysis explores WLD's original selling pressure and how these modifications impact future unlocks.
WLD Token Unlock Data Breakdown
Launched on July 14, 2023, WLD had:
- Initial circulating supply: 143 million tokens (including 100 million market maker loans)
- True initial circulation: 43 million tokens
- Total supply: 10 billion tokens
After one year:
- Actual circulating supply reached 276 million tokens (541% inflation rate)
- Theoretical maximum circulation: 1.65 billion tokens (per Token Unlocks)
Three days ago marked WLD's first anniversary and TFH (Tools for Humanity) unlock initiation:
- Theoretical circulation expanding from 1.65B to 6.5B tokens
- Daily unlock: 6.62 million tokens (~$15.42M sell pressure at $2.80/USDT)
- Adjusted projection: ~$2.58M daily pressure based on current circulation ratios
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Rule Change Impacts Explained
Modification #1: Extended Claim Period (July 10)
Worldcoin extended unclaimed WLD reservation tokens' claim window by one year, effectively increasing potential sell pressure. This affects:
- Originally reserved tokens for unverified Orb users
- Estimated impact: 6 million users (exact token quantities undisclosed)
Modification #2: TFH Unlock Extension
Announced yesterday:
- 80% of TFH investor/team tokens now vest over 4 years (previously 2 years)
- Daily unlocks reduced from 3.19M to ~1.914M tokens (~$7.44M to ~$5.36M)
- Combined daily unlocks decrease from 6.62M to ~5.4M tokens
Market Implications and Future Outlook
While these adjustments don't fundamentally alter WLD's substantial sell pressure:
- Immediate 29% price surge post-announcement
- Demonstrated news-driven market influence
- Upcoming World Chain launch could provide utility-driven demand
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Frequently Asked Questions
Why did WLD price drop so significantly?
The combination of market-wide downturns and continuous token unlock sell pressure drove the price from $12 to $1.72.
How do the new unlock rules help WLD?
They temporarily reduce daily sell pressure by extending vesting periods, though the overall impact isn't transformative.
What's the significance of World Chain?
This upcoming launch could provide WLD with actual utility, potentially changing its fundamental value proposition.
How much WLD enters circulation daily after changes?
Approximately 5.4 million tokens daily (down from 6.62 million), valued around $15.1 million at current prices.
Should investors consider WLD now?
The short-term news boost contrasts with ongoing sell pressure, making thorough research essential before investment decisions.
Key Takeaways
- WLD's price decline reflects both market conditions and tokenomics
- Recent rule changes provide temporary relief but not structural solutions
- Market reacted positively (+29%) to reduced sell pressure
- World Chain development warrants monitoring for fundamental shifts
- Token unlock schedules remain crucial for price evaluation
For investors, these developments suggest cautious optimism with emphasis on upcoming ecosystem developments that could substantially alter WLD's valuation framework.