Token

Worldcoin

Worldcoin (WLD), one of the leading names in the cryptocurrency market, will begin to experience major token lock openings as of July 24, that is, tomorrow. 
The unlock process will involve a total of 2.38 billion WLD, equivalent to $5.54 billion held by investors and the team. These tokens will be unlocked linearly over the next four years, with an average of 1.63 million WLD being released each day. 
In preparation for the unlocking process, Worldcoin transferred 990 million WLD to address 0x2E3…8e5. Additionally, 494 million WLD was distributed among 222 addresses today. This move is seen as a strategic step to ensure a smooth transition once the unlocking process begins. 
However, Worldcoin's tokenomics have come under scrutiny recently, particularly regarding its low float rate. A recent report from CoinGecko, a leading cryptocurrency data platform, highlighted that among the top 300 cryptocurrencies by market cap, Worldcoin exhibits the lowest float ratio at 0.02. 
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Float rate is defined as the ratio of the market value of a cryptocurrency to its fully diluted market value (FDV). 
<ul> 
 <li>Low float rate cryptocurrencies: These have a market cap/FDV ratio below 0.51. This means that a significant portion of the token supply has not yet been opened, potentially leading to future volatility as these tokens enter the market.</li> 
 <li>High float rate cryptocurrencies: Their market cap to FDV ratio is between 0.5 and 0.991. A higher float rate indicates that a larger portion of the total token supply is currently in circulation.</li> 
 <li>Fully diluted cryptocurrencies: These have an excellent market cap to FDV ratio of 1. This means that all tokens are in circulation and there are no additional tokens to be released.</li> 
</ul> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/watch-out-this-altcoin-is-entering-a-major-token-unlock-phase-starting-tomorrow/">Watch Out: This Altcoin Is Entering A Major Token Unlock Phase Starting Tomorrow</a>

Watch Out: This Altcoin Is Entering A Major Token Unlock Phase Starting Tomorrow

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