Worldcoin, which sensationally announced its launch yesterday and which many exchanges are lining up to list, continues to be heavily discussed by many experts.
The project's token, WLD, was listed by many exchanges, especially Binance, while the price also rose above $ 3.5. Like many tokens, some of the investors made high purchases in the hope of taking advantage of the sharp rises.
So, can one get rich by investing a small amount with Worldcoin in a way that investors usually want and have never stopped believing? For example, can $ 1 million be obtained?
Tokenomics is problematic!
One of the first points that investors should look at in a coin is the economic structure of that token. Many important details, from how much supply there is to how much of the total supply is put into circulation, are the factors that will determine investor policy in case of hard rises.
Looking at Worldcoin, it seems that there is a total supply of 10 billion WLD, but only 107 million of it has been put into circulation... which means that as the rises come, the company can put more tokens into circulation and hit the price increase with heavy sales. Or, again, when the company needs cash, some of these tokens are sold and the price can be almost “dumped”.
In a coin where only 1 percent of the total supply is in circulation, many manipulations or movements that investors will not like can be made. Therefore, the roadmap of the project should be checked regularly whether the token expansions are being followed.
In order to get a million dollars with a $ 100 investment, the WLD must increase 10 thousand times before this tokenomy is broken. This requires that the price of $ 2 should be at least 20 thousand dollars, which is almost impossible at the moment.
