Worldcoin’s WLD Token Price Jumps on Extended Lock-Up
Worldcoin’s WLD token price has surged after the company announced an extension of token lock-ups from 3 to 5 years. This move has been welcomed by the market, with many seeing it as a positive sign for the long-term health of the project.
What’s Going On?
The extended lock-up schedule means that a smaller amount of WLD tokens will be released into circulation each year, which could help to stabilize the price. The new unlock schedule suggests a slower release of WLD tokens, reaching 400 million by next September.
Worldcoin is a project that aims to create a “world’s largest identity and financial network”. The project has already attracted over 6 million users who have scanned their irises to secure a unique ID. This unique ID is then linked to a Worldcoin wallet, which can be used to access a variety of services, including financial transactions.
- The extended lock-up schedule is a positive sign for the long-term health of Worldcoin.
- The slow release of WLD tokens could help to stabilize the price.
- Worldcoin is a project with ambitious goals and a growing user base.
What Does This Mean for WLD?
The extended lock-up schedule could be a positive development for WLD, as it could lead to a more stable price and a stronger project in the long run. It remains to be seen how the market will react to this news, but the initial response has been positive.
Worldcoin is a project with a lot of potential. The extended lock-up schedule is a sign that the team is committed to the long-term success of the project.
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