WLD Token Drops 9% After Discounted Sale to Investors
2d ago·0:00 listen·Source: Pluang
Summary
The World Foundation recently raised $52.5 million. They did this by selling 217.4 million WLD tokens to strategic investors. These tokens were sold at a significant discount, roughly 30 to 40% below the market price. This action caused the WLD token price to drop by 9%. The tokens involved in this sale are locked for one year. This development impacts those following the WLD token's market performance.
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