The article also discusses the distribution of WLD, with 75% allocated to the community, 13.5% to investors, and 10% to the development team. Currently, only 1% of the total supply is in circulation. Despite a dip in liquidity and volume, the article suggests that if these recover, WLD's price action could be bullish. As of the article's writing, WLD was trading at $1.8697. The decision to invest in Worldcoin is advised to be made after careful consideration and due diligence.
Key takeaways:
- Worldcoin is set to transition from paying its Orb Operators in USD Coin to using its native token, WLD, as early as next month.
- Worldcoin has faced criticism and legal action from various countries, including the U.K., France, Germany, Kenya, and Argentina, over alleged data privacy violations.
- Despite these concerns, AI language model ChatGPT expressed trust in the potential of Worldcoin, although the author of the article suggests this may be influenced by Sam Altman, the founder of both Worldcoin and ChatGPT.
- At the time of the article, WLD was trading at $1.8697, and the author suggests that its on-chart metrics indicate a potential further price rally.