TLDR Crypto · MISCELLANEOUS
WORLDCOIN’S ROCKETING WLD TOKEN COULD BENEFIT CREDITORS OF THREE ARROWS CAPITAL, FTX
Summary from the TLDR Crypto newsletter
The announcement of Sora by OpenAI last week, which caused most AI-related tokens’ prices to rise, resulted in Worldcoin's WLD tokens surging over 200%. This surge in WLD’s value could be a great benefit to creditors of Three Arrows Capital and FTX. However, the current price is based on the fully diluted valuation of the coin, which could be impacted materially by upcoming token unlocks.