Will Worldcoin End In “Tears”? This Analyst Thinks So
Summary
An analyst is concerned about Worldcoin's long-term sustainability despite its recent 4X increase. The fully diluted valuation (FDV) of $82.1 billion far exceeds the current market cap of around $1.1 billion, indicating potential price dumps when locked assets are released. A large portion of WLD is allocated to venture capital firms and individuals, with more tokens set to be unlocked in less than five months. The project aims to build a universal digital identity system but faces regulatory challenges in multiple countries. The lack of demand-side drivers, particularly adoption, could slow down the uptrend. If WLD stays above $6, it could soar in the coming sessions.
