After WLD unlocks a huge amount of tokens in July, it may trigger a months-long sell-off

1. After reaching an all-time high of $11.972 on March 10, Worldcoin's price continued to fall, and even the official announcement of the launch of the Layer2 network failed to boost the market.
2. Whale trader @DefiSquared warned that Worldcoin may become the largest wealth transfer in the entire cycle, but this transfer is not in the form of universal basic income (UBI) as implied by the official, but into the pockets of the team and insiders.
3. As the amount of WLD unlocked increases, hyperinflation is expected to occur soon, and a sell-off will break out in the next few months.
4. @DefiSquared lists the data that led to hyperinflation and analyzes the Worldcoin Foundation's behavior of selling $200 million worth of tokens to market makers at a discount, and the WLD supply will expand at a rate of 4% per day after VC and team unlock.
5. @DefiSquared warned investors to be careful of tokens designed as predatory token economies like WLD, which are designed to benefit teams and early investors, while retail investors may suffer losses when trying to push up prices.