Yesterday, Worldcoin's parent company World completed a $135 million financing by selling $WLD tokens,
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At this pressure point of 1.57, it could break to 2 dollars, then retrace to 1.7 and rise to 3 dollars! (To reach 3 dollars, 1 billion dollars of capital needs to come in)
First: This token cannot be held long-term. Currently, there is a daily unlocking of five million tokens, leading to nearly 7 million dollars of selling pressure every day, continuing until 2038.
Second: Currently, Worldcoin has registered 22.7 million users, and each user can receive 20 $WDL tokens each month, leading to nearly 45,400 tokens being sold each month!