Following the Monday, July 24, launch of the worldcoin (WLD) token, the cryptocurrency quickly peaked at $3.30 per coin but has since depreciated by over 35%. Despite 18 months of beta testing and claims of more than 2 million sign-ups, the token has a scant 164,195 holders with its circulating supply exceeding 100 million WLD tokens.
A Look at Worldcoin’s Concentration of Holders at Launch
The Worldcoin iris scanning crypto endeavor, striving to fortify universal basic income (UBI) and promote digital identification amid the era of artificial intelligence (AI), debuted its cryptocurrency on Monday, July 24. As for Tuesday’s data, at 10:15 a.m. Eastern Time (ET), a maximum supply of 10 billion WLD tokens exists, and currently, coingecko.com and coinmarketcap.com report a circulating supply of 107 to 108+ million WLD tokens. Upon its initial exchange listing, the price stood at $1.88 per token, later reaching a peak of $3.30 per coin that same day.
As of July 25, 2023, WLD is being
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