**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.