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<p>The post <a href="https://coinpedia.org/news/worldcoin-to-unleash-195-million-in-wld-tokens-what-next-for-wld-price/">WLD Token Price on Watch as Worldcoin Plans $195 Million Sell-Off</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Worldcoin’s digital asset, <a href="https://markets.coinpedia.org/worldcoin-org/">WLD tokens</a>, is experiencing dramatic 50% price swings. What’s causing the stir this time? Recent announcements about the sale of tokens from the Worldcoin treasury.</p> 
<h2 class="wp-block-heading" id="h-token-sale-strategy"><strong>Token Sale Strategy</strong></h2> 
<p>A recent blog post <a href="https://worldcoin.org/blog/announcements/circulating-supply-update-sales-trading-firms">announced </a>that Worldcoin’s subsidiary, World Assets, plans to gradually sell WLD tokens over six months through private placements with institutional trading companies outside the United States. </p> 
<p>This move aims to meet the increasing global demand for World IDs verified by Orb and support the development of the Worldcoin network.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">JUST IN: <a href="https://twitter.com/worldcoin?ref_src=twsrc%5Etfw">@WORLDCOIN</a> SUBSIDIARY 'WORLD ASSETS' PLANS TO ROUTINELY SELL <a href="https://twitter.com/search?q=%24WLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$WLD</a> TOKENS FROM ITS TREASURY OVER THE COMING MONTHS</p>— BSCN Headlines (@BSCNheadlines) <a href="https://twitter.com/BSCNheadlines/status/1783078926924869656?ref_src=twsrc%5Etfw">April 24, 2024</a>
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<p>With big token sales on the horizon, there’s talk about how it might affect the number of WLD tokens available and, consequently, their value. Worldcoin currently has a market value of $1 billion, but its total potential value is a whopping $54.5 billion. It’s a big shift that could change how the market works.</p> 
<h2 class="wp-block-heading" id="h-visionaries-behind-worldcoin">Visionaries Behind Worldcoin</h2> 
<p>Launched in July 2023, Worldcoin is a crypto-based digital identity project founded by OpenAI CEO Sam Altman, CEO Alex Blania, and Max Novendstern, CEO of biometrics research firm Mana.</p> 
<p>Also Check Out: <a href="https://coinpedia.org/price-prediction/worldcoin-wld-price-prediction/">Worldcoin Price Prediction 2024 – 2030: Will WLD Price Reach $100?</a></p> 
<p>At the core of Worldcoin’s innovation is the “World App,” a platform where users can register their identity by scanning their retinas at machines called “Orbs.” In return, users get valuable Worldcoin tokens. It’s a seamless blend of identity and crypto.</p> 
<p>Tracking WLD token prices is like riding a rollercoaster. After a thrilling rally in early March, with prices jumping 435% to $11.74, there was a downturn. Now, WLD token prices have fallen by over 53%, sitting at $5.49.</p>

WLD Token Price on Watch as Worldcoin Plans $195 Million Sell-Off

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