Tom Wan, an on-chain data analyst at 21.Co, the parent company of 21Shares, tweeted that the current market value/FDV ratio of Worldcoin is only 0.01, which means that only 1% of the Worldcoin supply is in circulation. However, according to the token vesting schedule, Worldcoin will only begin large-scale token unlocking in July 2024, when 6.62 million WLD tokens will be unlocked every day (accounting for approximately 0.39% of the total supply).