In this market, there is an event-driven trading strategy based on token unlocking. Through the data provided by third-party websites, we found that after 22 days, WLD will usher in additional lines to be unlocked. Unlock 6.62m WLDs every day for 730 days, which is equivalent to three times the original rate. This part of the unlocked tokens comes from the community, which is a relatively simple holder. Therefore, bearish power will be generated.
WLD, as a global token issued by Sam, OpenAI CEO, is regarded by many traders as the embodiment of OpenAI's value. Worldcoin has built a device called the Orb, which captures an image of a person's eyes and converts it into a short numeric code, making it possible to check if the person has already signed up. If not, they will receive their free share of Worldcoin.
After these tokens are unlocked, a total of 4 billion WLD will be released, which is equivalent to several times the current circulating supply. MC will be priced again. Although WLD is currently down 80% from its high point, the short power will become stronger.
The same is true from the TSB indicator. After the SELL signal was prompted on June 8, WLD once again opened a bearish channel. The column barely touches the red wavy area. Bears have power. Based on the above situation, WLD may continue to fall.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
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