Analysis: Worldcoin inflation rate may soar to 4% per day in the next 70 days, insiders try to cash out at high prices

DeFi researcher @DefiSquared posted on the X platform that Worldcoin has a serious inflation problem, and its token WLD has a FDV of up to $60 billion, and in the coming months, the unlocking of WLD will increase significantly, which may lead to a large-scale sell-off. Currently, WLD is diluted by 0.6% every day due to rewards and claims by operators. The Worldcoin Foundation has just announced that it will sell another $200 million worth of tokens to trading companies, equivalent to 18% of the existing circulating supply, and will sell them at a discount. This part of the funds comes from the allocation part of the WLD token supply called "Community", but it is sold to counterparties to benefit the foundation. More importantly, after 70 days, when the VC and team tokens begin to unlock, the supply of WLD will increase by 4% every day. Based on the FDV of $60 billion, this is equivalent to nearly $50 million in continuous selling pressure every day. According to its analysis, Worldcoin's token economic model was designed to be predatory from the beginning to benefit the team and early investors. Last December, the foundation even deliberately terminated the market maker contract, allowing the price to be squeezed up with low circulation. This manipulative design of low circulation and high valuation directly benefits insiders because they can hedge the high-valuation locked shares through contracts and over-the-counter transactions before unlocking. @DefiSquared said that it is worth noting that most retail investors may not even know that Sam Altman is no longer actively involved in Worldcoin and the project has no relationship with OpenAI. In view of this, it is ethically questionable to encourage ordinary retail investors who do not understand FDV and inflation to buy a fake AI coin at a valuation of 60 billion US dollars. If you see strategic announcements in the next few months, please remember that this may just be to ensure that insiders can obtain exit liquidity at a high valuation.