WLD Slides To New Lows
WLD Slides To New Lows As World Foundation Offloads $65M
WLD slides to new lows as World Foundation offloads $65M, sparking concerns among investors. The primary keyword is WLD slides to new lows.
World Foundation's Token Sale
The World Foundation disclosed that its token issuance arm, World Assets, completed an over-the-counter sale of WLD tokens worth $65 million, spread across four buyers over the past week.
Token Sale Details
- Average sale price of roughly $0.27 per token
- 239 million WLD tokens changing hands
- 76% drop from last year's deal price
Regulatory Issues and Market Impact
The World Foundation's regulatory problems have also followed the project across borders, with authorities in Indonesia, Brazil, Germany, and Kenya taking action. The Thailand raid added another entry to that list, with officials saying the iris-scanning service may have operated without the required license.
Market Reaction
WLD briefly touched an all-time low of $0.24 after the sale was announced before clawing back to around $0.27. At that price, the token sits roughly 97% below its peak of $11.82 recorded in March 2024.
Upcoming Token Unlock
A major community token unlock is set for July 23, covering about 52% of WLD's total supply of 10 billion tokens. This kind of release typically adds selling pressure — and it arrives at a time when the token is already near its lowest point ever.
Key Takeaways
- WLD token price has dropped to a new low after World Foundation's $65M token sale
- The sale was conducted at an average price of $0.27, a 76% drop from last year's deal price
- A major community token unlock is set for July 23, which may add selling pressure
- Regulatory issues continue to plague the World Foundation and its token
Frequently Asked Questions
What is the current price of WLD token?
The current price of WLD token is around $0.27, which is roughly 97% below its peak of $11.82 recorded in March 2024.
What is the total supply of WLD tokens?
The total supply of WLD tokens is 10 billion, with a major community token unlock set for July 23 covering about 52% of the total supply.
