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Worldcoin (WLD) Skyrockets to $3.3 on Binance: Unveiling the Token Economy

  • Worldcoin (WLD) has gained attention with its rising price since its launch on major cryptocurrency exchanges.
  • The cryptocurrency, with a total supply of 10 billion tokens, has been listed on popular exchanges such as Bybit, Gate.io, Binance, and OKX.
  • Worldcoin’s distribution plan includes allocating a significant portion of the tokens to the community, as well as to Tools for Humanity investors and the core team.

Worldcoin (WLD) has made a strong debut on cryptocurrency exchanges, attracting attention with its rising price. With a total supply of 10 billion tokens, Worldcoin has been listed on major exchanges and has a distribution plan that includes allocating tokens to the community, Tools for Humanity investors, and the core team.

Worldcoin Makes a Strong Debut on Cryptocurrency Exchanges

Worldcoin (WLD) has quickly gained attention in the cryptocurrency market with its impressive price surge since its launch on major exchanges. The cryptocurrency, developed by Open AI’s CEO Sam Altman, was first listed on exchanges like Bybit, Gate.io, and Huboi. However, its price skyrocketed even further when it was listed on Binance and OKX, two of the largest cryptocurrency exchanges.

A Token with a Total Supply of 10 Billion

Worldcoin has a total supply of 10 billion tokens, which puts it in the same league as other recently launched cryptocurrencies like Arbitrum (ARB) and Sui (SUI). These tokens have been trading at $1.19 and $0.62, respectively. The similarity in total supply has led investors to make comparisons and calculations.

Distribution Plan and Token Allocation

Unlike many other projects, Worldcoin has a unique distribution plan that involves allocating a significant portion of the tokens to the community. The team behind the project has announced that 73% of the tokens will be distributed to the community, while 13.5% will go to Tools for Humanity investors, 9.8% to the core team, and 1.7% will be kept as reserves. This distribution plan aims to ensure a fair and decentralized token economy.

Furthermore, the management of the network has the authority to decide how the tokens will be distributed and can even implement an inflation rate of up to 1.5%.

Unlocking Tokens for the Community

A Worldcoin representative has revealed that 7.5 billion WLD tokens allocated to the community were minted before the launch, and 6 billion of these tokens will be allocated to users. However, these tokens will be locked for a period of 15 years before they can be accessed by the community.

As of now, Worldcoin is trading at $2.36, according to CMC data.

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Gideon Wolf
Gideon Wolfhttps://en.coinotag.com/
GideonWolff is a 27-year-old technical analyst and journalist with extensive experience in the cryptocurrency industry. With a focus on technical analysis and news reporting, GideonWolff provides valuable insights on market trends and potential opportunities for both investors and those interested in the world of cryptocurrency.
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