Over the past week, the value of worldcoin (WLD) against the U.S. dollar has fallen sharply by 24.6%. Looking at the broader trend over the past two weeks, the decline amounts to 21.4%. During this period, just five days ago, the number of unique addresses holding WLD stood at 408,721. This count has recently risen by a modest 14.61%, equivalent to approximately 59,745 new wallets.
The momentum of Worldcoin’s activity remains positive, with around 2.2 million individuals having registered for iris scanning. So far, users have successfully claimed a total of 15,825,757 WLD.
While the rate of these claims is accelerating, a two-week market analysis confirms a drop of 21.4% in value against the U.S. dollar, with a steeper decline of 24.6% in the past seven days. Although Worldcoin’s price reached an all-time high just 18 days ago, it has since plummeted by 48.18% from its peak of $3.30 on July 24, 2023.
Currently trading at $1.71 per WLD, the coin’s value stands 2.85% above its record low of $1.66, also observed on the same day. A mere five days ago, CryptokenTop.com News reported a 148% surge in unique addresses for WLD, and this number has increased further by 14.61% since then.
As of now, the WLD smart contract indicates that 468,466 addresses hold WLD. Worldcoin maintains two primary smart contract addresses, collectively controlling 72.7628% of the holdings, with 55.4380% and 17.3248% distribution respectively. Binance, managing the third-largest wallet, possesses 12,095,562.94 WLD, amounting to 6.7623% of the circulating supply at the current time.
An analysis of the top 100 WLD holders reveals that they collectively own a significant portion of the supply, accounting for 94.27%, which equals 168,611,629.94 WLD. The coin also demonstrates activity on decentralized exchange (dex) platforms, with the highest number of WLD swaps occurring on August 8, 2023.
As of August 11, Binance remains the most active exchange for WLD trading, particularly the WLD/USDT trading pair, boasting a 24-hour trading volume of $26,373,919. Other exchanges contributing to WLD trading include Okx and Bitget.
While the number of unique addresses and WLD holders continues to rise, it’s important to note that distribution remains largely concentrated among a few entities, including Worldcoin’s wallets and various market makers.
Frequently Asked Questions (FAQs) about Cryptocurrency Performance
What caused the significant drop in Worldcoin’s value over the past week?
The value of Worldcoin (WLD) plummeted by 24.6% due to a combination of increased unique addresses and dominance of major wallets, impacting its market performance.
How many unique addresses were recorded for Worldcoin recently?
What is the current trading price of Worldcoin?
Worldcoin is currently trading at $1.71 per WLD. This rate places it slightly above its recent all-time low of $1.66.
What percentage of the total WLD supply do the top 100 holders collectively own?
Which cryptocurrency exchange is most active for Worldcoin trading?
As of August 11, Binance stands out as the most active exchange for swapping WLD, with the leading trading pair being WLD/USDT and a substantial 24-hour trading volume of $26,373,919.
How has Worldcoin’s market value changed since its all-time high?
Worldcoin’s market value experienced a significant decline of 48.18% from its all-time high of $3.30, which was achieved 18 days ago on July 24, 2023.
What portion of the WLD holdings are controlled by Worldcoin’s own wallets?
Worldcoin’s own wallets collectively control 72.7628% of the total WLD holdings, with two primary smart contract addresses maintaining distribution.
How many users have successfully claimed Worldcoin (WLD)?
Is Worldcoin involved in decentralized exchange (dex) activity?
Yes, Worldcoin is engaged in activity on decentralized exchange (dex) platforms, with notable WLD swaps occurring, particularly on August 8, 2023.
What impact does the dominance of major wallets have on Worldcoin’s distribution?
The distribution of Worldcoin remains concentrated among a select few, including Worldcoin’s wallets and various market makers, leading to a less evenly spread ownership structure.