Something just happened that most people scrolling their feed today are gonna miss completely. Worldcoin cut its own token supply by 43% this morning, live, and almost nobody's talking about it.
Here's the deal — WLD used to dump 5.1 million new tokens on the market every single day. As of today that number drops to 2.9 million. Less new supply hitting exchanges usually means less sell pressure over time, that's just basic math. On top of that, Grayscale quietly filed an S-1 for a WLD ETF a few days ago. Two supply-side catalysts stacking at once and price is just sitting there at $0.384, still under the 50-day average.
Derivatives volume is up 40% in 24 hours and funding is positive, so traders are already leaning long, just nobody's pulled the trigger on spot yet.
I'm buying $WLD between $0.375 and $0.39. Stop loss at $0.343, that's the level that breaks the whole thesis. Taking profit at $0.465.
Are you fading this or riding it with me?
Notice: This is not financial advice. Do your own research before trading.
Here's the deal — WLD used to dump 5.1 million new tokens on the market every single day. As of today that number drops to 2.9 million. Less new supply hitting exchanges usually means less sell pressure over time, that's just basic math. On top of that, Grayscale quietly filed an S-1 for a WLD ETF a few days ago. Two supply-side catalysts stacking at once and price is just sitting there at $0.384, still under the 50-day average.
Derivatives volume is up 40% in 24 hours and funding is positive, so traders are already leaning long, just nobody's pulled the trigger on spot yet.
I'm buying $WLD between $0.375 and $0.39. Stop loss at $0.343, that's the level that breaks the whole thesis. Taking profit at $0.465.
Are you fading this or riding it with me?
Notice: This is not financial advice. Do your own research before trading.