Re: Worldcoin launch with ORB to scan your eyes

Quote from: big kid on Today at 07:49:01 AM

Quote from: mich on Today at 05:55:52 AM

Well here is something I find to be interesting with Worldcoin. There has been a increase in unique addresses by 148%. This is some good news for investors in this project.
But the part that does worry me about it. Is that the top 20 WLD wallets control 94% of the total supply.
https://www.cryptobreaking.com/while-worldcoin-sees-a-148-surge-in-unique-addresses-the-top-20-wallets-command-94-of-wld-supply/

I don't think that's good at all. 94% of the supply is held by 20 people. What can possibly go wrong?

These wallets can manipulate the whole world coin market and anytime then can dump the market. when I was investing in meme coins the one safety lesson I learn is to check the wallet distribution and those projects where big percentage was held by only few wallets results in rug. World coin is big project and Binance and many big exchanges have partnerships with it but still its risky to invest.

Matic 50% supply is also held by some wallets(probably whales) and many times expert's give warning about it and wild coin this situation is akso worse one.