BREAKING
459d 9h ago

FTX Estate Prepares to Sell $38 Million Worth of Discounted Worldcoin Tokens

FTT

FTT/USDT

$0.5424
-1.20%
24h Volume

$1,551,464.86

24h H/L

$0.5717 / $0.5202

Change: $0.0515 (9.90%)

Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data
FTT
FTT
Daily

$0.5370

1.05%

Volume (24h): -

Resistance Levels

Resistance 3$0.7368
Resistance 2$0.6065
Resistance 1$0.5445
Price$0.5370
Support 1$0.5178
Support 2$0.4793
Support 3$0.3632
Pivot (PP):$0.536033
Trend:Downtrend
RSI (14):51.9

**FTX Estate Prepares to Sell $38 Million Worth of Discounted Worldcoin Tokens**

In a significant move, the FTX estate is readying itself to sell a substantial amount of Worldcoin ($WLD) tokens at a discounted rate, with the total sale projected to reach approximately $38 million. Currently, Worldcoin is valued at around $1.67.

The decision to sell a large volume of these tokens could potentially have negative implications for Worldcoin’s price in the market. As investors and traders keep a close eye on this development, the associated price fluctuations may stir concerns about the stability of this digital asset.

This sale underscores the ongoing challenges faced by the crypto market, particularly actions stemming from the fallout of the FTX collapse. Stakeholders are advised to proceed with caution as the implications of this sale unfold.

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