$WLD
When the WLD currency was first listed on the exchange, its price once fell to a low of nearly $1. At that time, its circulating supply was only 110 million coins, and it is worth noting that 100 million of these coins were lent to market makers to maintain market liquidity. Subsequently, due to the speculation behavior of large fund holders, these lent coins needed to be returned, which had a certain impact on the market.
Today, the circulation of WLD has increased significantly to 470 million, which is several times the original number. However, despite a significant increase in circulation, its price has remained around $2, doubling. This phenomenon prompted in-depth thinking about market dynamics.
Comparing other cryptocurrencies such as ARB, we can see that sometimes the increase in market value is not directly equivalent to the increase in currency price. Instead, there may be an increase in market value and a decrease in currency price. Based on this observation, some speculate that WLD may experience similar market trends in the future. In order to more effectively control the market and quickly raise prices, major funds may purge more chips by further lowering prices so that they can concentrate their efforts to push prices up at some point in the future.
To sum up, the circulation of WLD has increased significantly while the price has remained relatively stable. Behind this may be hidden the complex game of the market and the long-term layout of the main force. The price trend of WLD in the future will depend on the struggle of multiple forces, including market supply and demand, the operating strategy of main funds, and changes in the external market environment.