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Worldcoin made an interesting announcement. Starting in July, the daily unlock amount of WLD tokens will be significantly reduced. Currently, about 5.1 million tokens are entering the market each day, but this will drop to 2.9 million, representing a 43% cut.
The community token portion will be especially heavily reduced, halving from 3.2 million to 1.6 million. Tokens for investors and the team will also decrease from 1.9 million to 1.3 million. Since tokens continue to unlock evenly each day, a sudden selling pressure seems unlikely.
The current circulating supply of WLD is about 3.3 billion tokens, with approximately 49% of the total supply of 10 billion already unlocked. It appears that Worldcoin is planning to adjust the supply gradually. It will be interesting to see how this reduction actually impacts the price and market movements after summer.