Here's why Worldcoin's token unlock had little effect on WLD's price
Worldcoin's token unlock event led to a modest price hike, but overall market sentiment remained bearish.
Keep up with what's happening in the crypto world in real-time.
Worldcoin's token unlock event led to a modest price hike, but overall market sentiment remained bearish.
Worldcoin, the biometric, iris-based ID and universal basic income (UBI) project, has been sanctioned with fines for over $200,000 in the Buenos Aires province. The fines answer to several violations of the National Consumer Defense Law, such as the inclusion of abusive clauses in its terms of service agreement.
The price of Worldcoin (WLD) has just witnessed a massive surge. According to CoinMarketCap, WLD has surged over 10% to $2.31 in the last 24 hours.
Worldcoin's (WLD) price is reacting unexpectedly this week, with many expecting a surge in price that never came.
One year in, Worldcoin's vision of a universal digital identity system shows promise with millions of users.
Worldcoin (WLD) has garnered significant attention as one of the most promising new cryptocurrencies in recent months. After a bullish performance over the past few weeks, the market has seen a pullback with bearish sentiments taking hold.
Sam Altman's Worldcoin has again made global headlines by partnering with the JPMorgan-backed blockchain analytics and crypto compliance solutions firm Elliptic. In an official statement released today, July 23, it was brought to global attention that World Chain, a blockchain that jacks up the Worldcoin project, is now being integrated into Elliptic's suite of screening
A Worldcoin spokesperson said that they are taking the allegations seriously and won't allow such activities under any condition.
Worldcoin ( WLD) price has dropped by 7% as the project enters a new phase of token unlocking. The unlocking cycle scheduled to begin on July 24 will unlock 238 billion WLD (5545 billion USD) within the next four years.
According to a media outlet in the crypto sector, a spokesperson for the company Worldcoin has denied some accusations regarding alleged fraudulent activities carried out by the group. A few days ago, several cryptographic experts had highlighted clear signs of insider trading and market manipulation by members of the Worldcoin team.
A Worldcoin spokesperson told Cointelegraph that people covered by their policies are prohibited from disclosing confidential information relevant to WLD purchasing decisions.
Worldcoin can reach the support level of $3 and even move beyond it, provided bulls meet certain conditions.
The value of WLD, the token that powers Worldcoin, the crypto project co-founded by OpenAI CEO Sam Altman, has spiked by almost 30% in the past seven days.
Binance, the leading crypto exchange, has announced significant support for Sam Altman's crypto project, Worldcoin. Notably, positive updates from major exchanges often boost market sentiment, while negative news can have the opposite effect.
Binance P2P adds support for Worldcoin (WLD) trading against various LATAM fiat currencies, expanding its cryptocurrency offerings.
The recent surge in Worldcoin's price was driven by a notable increase in short liquidations, indicating a short squeeze that caught many traders off guard. This bullish momentum was further fueled by news of impending token unlocks for early investors and team members, scheduled for July 24th.
Here is how some of your favorite assets concluded the week.
Worldcoin's recent price action has been characterized by a swift rebound, triggering a wave of short liquidations as traders betting against the cryptocurrency were caught off guard. This abrupt turnaround follows a deep retracement phase, mirroring the initial conditions preceding February's rally, where Worldcoin exhibited similar price dynamics after a significant market correction.
Worldcoin (WLD) has come under heavy criticism following a recent development, which led to talks about potential price manipulation by the team. Prominent crypto on-chain sleuth ZachXBT also reacted to these price manipulation allegations, suggesting that the Worldcoin team may actually be guilty of them.
Worldcoin (WLD) has come under severe criticism, with crypto experts accusing the project of price manipulation and labeling it a scam. Investigators and traders have pointed fingers at key figures within the project, alleging fraudulent practices that have led to significant market disruptions.
Worldcoin (WLD) has emerged as a promising player in the cryptocurrency market, aiming to revolutionize global financial inclusion through its innovative approach to token distribution. Introduce on the Ethereum blockchain in July 2023, Worldcoin seeks to provide every individual on Earth with a stake in the digital economy, akin to a universal basic income.
Ran Neuner, a prominent altcoin analyst, has urged his followers to purge their portfolios of certain unworthy altcoins he dubbed “bad tokens.”
Worldcoin's token unlock change sparks accusations of market manipulation amidst a 45% price surge.
Worldcoin (WLD) is the subject of criticism by several crypto experts on social media, who slam the project and related venture capitalists (VCs) for shilling “the biggest scam token of the bull run.”