I asked ChatGPT about the performance of Sam Altman's Worldcoin project as its value falls 30% since its launch.
“APT’s launch was just before the FTX collapse, which cause a huge amount of liquidity to exit markets. As a result, in the first few days of trading its liquidity surged, with Binance hitting $2.75mn just a day after listing.”
Like Arbitrum, Worldcoin loaned five market makers nearly all of its token supply. But unlike the former, liquidity spiked and balanced across exchanges. One reason for this was theWhile liquidity and volume seem to have fallen since, they still proportionately depicted market interest in the token. If liquidity and volume recover to the heights of 24 July, WLD’s price action could be bullish at some point.
Interestingly, most of this search volume did not come from developed countries. Instead, nations such as Kenya, Argentina, and Uganda topped the charts.
France Dernières Nouvelles, France Actualités
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