What's up, family! Pay close attention because 65 million dollars have just moved on the Worldcoin (now simply World) board and this is no coincidence, it's pure market strategy. 🌐✨
Let me tell you the scoop: the World Foundation has just closed off-exchange sales (or OTC, for those who like technical language) for that huge sum. The interesting part here is that they didn't just release the tokens randomly on any exchange to drive the price down; they did it with four specific counterparties at an average of $0.2719 per WLD. We're talking about around 239 million tokens changing hands. 🤝💰
But pay attention to the data, this is where it gets good: 25 million dollars of those tokens are under "lock" (a lock-up period) for six months. This is key because it tells us that those who bought are not in a hurry to sell tomorrow, but are betting on the medium term. And what do they want with so much money? Well, to continue manufacturing Orbs (yes, those spheres that scan your eye 👁️), to dive deep into research and expand this ecosystem that already has almost 18 million verified people around the world. Crazy! 🚀
Now, what we are all wondering: when do we see 0.30 dollars? 📈 The price has been dancing around 0.27 dollars, showing a recovery of 3.34% after a few slow days. Analysts see that the bearish momentum is tiring and that we are in a consolidation phase. If we manage to break the current resistance and stay above the support, the path to 0.30 dollars is clear. However, we are still trading below the major moving averages, so the battle between bulls and bears is at its most tense. 🐂🐻
If digital identity is the future of the global economy, are we seeing an accumulation opportunity or simply a pause before looking for new lows?