Oh, the Folly of Tokens! $65M WLD Sold as Prices Plummet

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Ah, behold the grand spectacle! The World Foundation, with a flourish of its quill, doth proclaim that its token-issuing minion, World Assets, hath offloaded $65 million in WLD tokens. A sum most prodigious, yet the market, alas, remains unmoved by such theatrics.

  • World Assets, in a fit of mercantile zeal, hath sold 239 million WLD tokens for $65 million, a paltry $0.2719 per token. A price so modest, it doth make one wonder if they were selling turnips instead of tokens!
  • WLD, that fickle creature, traded near $0.27, having plummeted to a record low of $0.2444 during the Saturday farce. Truly, a tragedy for the ages!
  • Mark thy calendars, dear reader, for a July 2026 unlock shall unleash 52.5% of the supply, a deluge equal to 169% of the current float. Oh, the horror!

This proclamation cometh as WLD walloweth near its nadir, and the market, with bated breath, doth gaze upon the looming specter of future token supply. A drama most riveting, wouldst thou not agree?

World Assets, in its infinite wisdom, hath revealed that these tokens were peddled to four counterparties over the past week. The first settlement, a mere formality, occurred on March 20, with an average price of $0.2719 per token. A bargain, perchance, but who can say?

This pricing doth imply that some 239 million WLD tokens were thus dispatched. The World Foundation, ever the raconteur, addeth that $25 million worth of these tokens are locked up for six months, while the remainder shall pass through a designated multisig wallet. A labyrinth of transactions, indeed!

Proceeds to Fund Grand Ventures and Orbish Endeavors

According to the proclamation, World Assets shall deploy these funds for core operations, research and development, orb manufacturing, and ecosystem development. A noble cause, no doubt, though one wonders if orbs are truly the future we seek.

This revelation followeth on-chain data, flagged by the ever-vigilant Lookonchain on March 21. They spied a transfer of 117 million WLD tokens, valued at $39 million, to Binance and FalconX, with $35 million in USDC received in exchange. A transaction most transparent, yet shrouded in the mists of OTC intrigue.

Furthermore, these sales were executed at a price far below earlier funding rounds. In May 2025, the project raised $135 million from such luminaries as Andreessen Horowitz and Bain Capital Crypto, when WLD traded near $1.13. Ah, the fleeting nature of fortune!

In April 2024, the then-named Worldcoin Foundation declared its intent to sell between 0.5 million and 1.5 million WLD per week to institutional firms. At that time, WLD traded near $5.43, a price now but a distant memory. How the mighty have fallen!

The Market, Ever Fickle, Watches with Bated Breath

WLD, at the time of this scribbling, traded near $0.27, having touched an all-time low of $0.2444 earlier on Saturday. A fall of 97% from its March 2024 peak near $11.82. Its market cap, a mere $850 million, while its fully diluted valuation standeth at $2.7 billion. A tale of woe, indeed!

The market, ever the pessimist, doth fix its gaze upon a token unlock scheduled for July 23, 2026. This event, according to DefiLlama, shall release 52.5% of the total 10 billion WLD supply, a flood equal to 169% of the current float. A deluge most ominous!

Eightco Holdings, which launched a WLD treasury in September 2025, held 277 million WLD as of March 20. A hoard most impressive, yet one wonders if it shall weather the storm.

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2026-03-29 15:46