Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Worldcoin (WLD) market cap rises to 90 billion US dollars, with the supply increasing exponentially

Worldcoin (WLD) market cap rises to 90 billion US dollars, with the supply increasing exponentially

2024/02/26 13:14

DeFi researcher @DefiSquared analysis shows that Worldcoin (WLD) currently has a FDV of up to 90 billion US dollars, surpassing the valuation of OpenAI itself. This is mainly driven by its extremely low circulation and narrative/meme status. However, this situation may change quickly. A new "hidden" release has started to exponentially increase, with over 10 million WLD (equivalent to about 92 million US dollars) being directly distributed to retail wallets in the coming weeks, and will continue at a higher rate every two weeks. The circulating supply of WLD is steadily increasing each week. The Worldcoin Foundation has full control over the unlocked foundation treasury liquidity and may engage in over-the-counter (OTC) token sales at the current inflated price. The current market value of WLD has reached 1.4 billion US dollars, and unlike public expectations before July, the circulating supply of WLD will rapidly expand weekly. Buying at this stage may mean entering at historical highs with extremely high risks, which will only increase over time.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!