Worldcoin (WLD) has taken the spotlight in the cryptocurrency world, with its market capitalization reaching an all-time high of $3.58 billion. This milestone is noteworthy, considering its token price remains significantly below its March 2024 peak. So, what’s driving this unusual dynamic, and what does it mean for investors? Let’s explore.
Worldcoin Market Cap Soars: The Key Dynamics
According to data from BeInCrypto, Worldcoin’s current price is hovering around $1.77, a fraction of its nearly $12 peak from March 2024. Despite this, its market cap has doubled since then, setting a new record. How can this paradox exist? The answer lies in token supply dynamics and unlock schedules.
In 2024, only 13% of WLD’s total supply was circulating—about 1.3 billion tokens. By 2025, this figure rose to 20% or 2 billion tokens. This increase in circulating supply has helped boost the market cap, even as token prices remain subdued. Driving much of this momentum was Eightco Holdings’ announcement of a $250 million corporate treasury strategy centered on Worldcoin, which effectively doubled the market cap in under a week.
The Impact of Token Unlock Schedules
One pressing concern for Worldcoin is its aggressive token unlock schedule, which is projected to continue through 2028. With over 10 billion tokens set to hit the market by 2038, investors are rightfully worried about dilution risks. As user Stan_Crypto pointed out, the project’s unlock pace could place downward pressure on prices long-term.
While Worldcoin has made adjustments, such as reducing daily unlocks from 3.3 million tokens to 2 million, skepticism persists. September 2025 data from Santiment revealed that token inflows to exchanges reached a one-year high of 37.5 million WLD. This suggests that many holders are taking advantage of higher liquidity to lock in profits.
Balancing Opportunity with Risk
The paradox of Worldcoin—market cap growth amid flat prices—offers essential lessons for crypto investors. A project’s market cap can soar while token prices stagnate if supply growth outpaces demand. Investors should therefore conduct detailed analyses of unlock schedules and dilution risks before entering the market.
For those looking to stay informed, keeping up with key crypto market players and tools could prove invaluable. Products like the Crypto.com DeFi Wallet help investors secure their assets while optimizing for long-term growth opportunities.
Final Thoughts
As Worldcoin continues to navigate supply challenges, its market cap growth highlights both the opportunities and risks inherent in crypto investments. Understanding these complexities is critical for anyone looking to enter or expand their crypto portfolio.
Stay updated with the latest cryptocurrency news and trends to make informed decisions as markets evolve. Whether you’re a seasoned investor or a newbie, navigating the complexities of tokenomics will always be a key to success in this ever-changing landscape.
