You Won’t Believe What Happened to Worldcoin’s $70M Token Unlock! 😱

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Alright, let me tell you about this Worldcoin thing, folks. It’s like a bad episode of Curb Your Enthusiasm, except instead of Larry David, it’s a bunch of crypto nerds trying to figure out how to unlock their tokens without causing a total meltdown. 🤦‍♂️

So, get this – Worldcoin is about to unleash 37.23 million tokens into the market, which is like, what, 3.92% of their circulating supply? 🤯 And you know what that means, right? Yep, you guessed it – potential selling pressure that could make the market look like a bad episode of Seinfeld. 😂

Now, the folks at Worldcoin are trying to be all fancy with this “linear unlocking” thing, but let me tell you, it’s not gonna be a walk in the park. 🤷‍♂️ The market’s already got the bearish blues, and this unlock could just make it worse. 😒

But hey, maybe there’s a silver lining, right? 🤞 If the market can somehow absorb all these new tokens without throwing a tantrum, we might see a little recovery. But you know what they say, “Good luck with that!” 🙄

Anyway, keep an eye on that $1.80 support level, folks. If it breaks, it’s gonna be a wild ride down to $1.50. And if WLD can somehow manage to break through that $2.00 resistance, well, maybe we’ll see a little bit of that good old-fashioned bullish sentiment. 🤑

But let’s be real, this whole thing is like a game of chicken, and I’m not sure anyone’s gonna come out on top. 🤷‍♂️ Just buckle up, grab some popcorn, and get ready for the show. 🍿

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2025-01-27 14:16