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Altman’s World Foundation Offloads $65M in WLD Amid Price Plunge
Crypto

Altman’s World Foundation Offloads $65M in WLD Amid Price Plunge

2 hours agoCoinTelegraph via AI

The World Foundation has liquidated $65 million worth of Worldcoin (WLD) tokens, selling them at a significant discount as the cryptocurrency crashes to record lows. This massive offloading occurs amidst a turbulent market period, raising concerns among investors about the asset's immediate stability and valuation.

Market pressure is expected to intensify as additional token supplies are scheduled for release, potentially further diluting the value. With prices already hitting unprecedented depths, the move signals a challenging road ahead for the Worldcoin ecosystem as it navigates this volatile downturn.