On July 24, the daily unlocking of Worldcoin (WLD) tokens by the Tools for Humanity team and investors began and will continue until July 2028. Each day, 2 million WLDs will be unlocked, equivalent to more than $4 million dollars.
Despite expectations of a significant increase in token supply, the price of Worldcoin remained stable and failed to overcome the resistance level of $3.00, trading at $2.16. If WLD overcomes this level, a rise to $3.50 and $4.00 is possible. Otherwise, the token will consolidate in the range of $3.00 to $4.50.

Worldcoin token unlocking details

The Tools for Humanity team and early investors in the project have begun the daily unlocking of Worldcoin (WLD) tokens, which will continue until mid-2028. The process involves 2 million tokens worth more than $4 million dollars being put into circulation each day. Such an event haPreviously, 12.5 million WLDs were unlocked as part of the community unlocking event. This process will continue until 2026, with 3.20 million WLDs worth $6.92 million unlocked daily. This data emphasizes the scale and importance of current events to the Worldcoin ecosystem.
Impact on WLD price
Amid expectations of a significant increase in token supply, the price of Worldcoin has remained below the downtrend line that has dominated the past few months. At the time of writing, WLD is trading at $2.16, showing a decline after a failed attempt to overcome resistance at $3.00. The downtrend line that has held the price since May coincides with an important barrier at the $3.00 level.

Prospects for growth and consolidation

If Worldcoin can overcome the $3.00 resistance level, further gains to $3.50 and above are possible, which is critical to reaching the $4.00 level and beyond. However, if a breakout does not occur, WLD is likely to consolidate in a range between $3.00 and $4.50. This scenario implies that the first resistance level will remain a serious obstacle to further growth of the token.

Conclusion

The unlocking of Worldcoin tokens brings significant changes to the market dynamics of the crypto asset. Investors will be closely monitoring the developments to determine the most profitable strategies. Despite the current challenges and price fluctuations, the ability to overcome key resistance levels will determine the future direction of WLD.
These developments underscore the importance of strategic analysis and decision making for market participants. With significant changes in token supply, closely monitoring market trends and key levels will be critical to successfully investing in Worldcoin.