Everyone's celebrating $BTC bouncing back to $62K after that nasty 10-day ETF outflow streak. Cool, but I've been staring at $WLD all morning and there's a way bigger play sitting right here.
A Nasdaq-listed company called Eightco just disclosed they're holding 283 million WLD tokens. That's 8.1% of the entire circulating supply — biggest institutional bag in the world for this coin.
You don't park $436 million in an altcoin unless you know something. And they clearly know something I like.
Here's the kicker — on July 24, daily WLD token unlocks get slashed by 43%. From 5.1 million tokens dumped per day down to 2.9 million.
Less supply hitting the market, biggest holder not selling, and price just broke out of a two-week bearish channel. Do the math.
I'm buying spot between $0.41 and $0.43. There's a wall of short liquidations at $0.44 to $0.45 — if bulls punch through, this runs to the 200-day EMA around $0.47 fast.
Clears that and I'm riding toward $0.55. Drops below $0.36 and I cut it, simple as that.
Three weeks until the supply cut kicks in. The crowd is sleeping on this one.
A Nasdaq-listed company called Eightco just disclosed they're holding 283 million WLD tokens. That's 8.1% of the entire circulating supply — biggest institutional bag in the world for this coin.
You don't park $436 million in an altcoin unless you know something. And they clearly know something I like.
Here's the kicker — on July 24, daily WLD token unlocks get slashed by 43%. From 5.1 million tokens dumped per day down to 2.9 million.
Less supply hitting the market, biggest holder not selling, and price just broke out of a two-week bearish channel. Do the math.
I'm buying spot between $0.41 and $0.43. There's a wall of short liquidations at $0.44 to $0.45 — if bulls punch through, this runs to the 200-day EMA around $0.47 fast.
Clears that and I'm riding toward $0.55. Drops below $0.36 and I cut it, simple as that.
Three weeks until the supply cut kicks in. The crowd is sleeping on this one.