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Worldcoin – Examining the impact of latest token unlocks on WLD’s price action

WLD’s price stability might shift with the scheduled unlocking of 37.23 million WLD tokens. This release could exert selling pressure, affecting prices due to increased circulating supply. Historical data link substantial token releases to selling bouts and price decline, making market reactions pivotal.

Current market sentiment is mixed; however, WLD has risen 7.5% in 24 hours, bolstered by an 85% trading volume surge. The long/short ratio at 1.03 shows a bullish sentiment among traders. Surpassing a resistance of 2.70 USD could lead to a 60% rise in WLD’s price, reaching 4.22 USD.

This is community-generated content, not advice from ONUS.
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