ElonTrades
Founder of Signal Labs, Crypto/Equity Research & Capital Flows
Worldcoin's token has zero value accrual: it is literally a rewards token paid mostly to people in developing countries to scan eyeballs and collect identities. Proof of humanity, distinguishing AI from people, is a valid thesis, but Sam Altman has not worked to prop up token value as once expected. Market cap is through the roof while the price sits near all-time lows, and something big would have to happen to reverse course. x.comÂ
Worldcoin's token unlocks, worth around $100 million a month, need that much exit liquidity every month, and the buyers to absorb them have been drained. x.comÂ
Injective faces no large early-investor unlock that could add selling pressure over the long term. All of its token supply is already circulating, with market cap equal to fully diluted value; that makes holding it a healthier long-term proposition than RWA layer-1 tokens with an unlock cliff. x.com x.comÂ
Worldcoin's $52.5m capital raise and today's 43% emissions cut should materially reduce sell pressure on the WLD token. WLD has traded as an OpenAI IPO beta asset, and Worldcoin is quietly making material progress on business development and growth. The token sits right around support levels, making for an interesting setup. x.comÂ
Worldcoin is worth $2 at most; calls for a return to $12 misread why it got there long ago, which was a low float against a high fully diluted valuation. x.comÂ
Worldcoin is a poor way to play major AI IPOs because it tends to get sold into OpenAI hype. Pre-IPO exposure is preferable. x.comÂ
Worldcoin is gaining real adoption as the proof-of-human layer for an internet full of bots. About 17.9 million people have World IDs, and users include Tinder, Zoom, DocuSign, Okta, Visa and Stripe; World Money adds stablecoins and payments in 150+ countries, and Eightco holds WLD as its treasury asset. On the chart, it has made higher lows since an August bottom; a clean break of $0.67 opens a path to $0.93. x.comÂ
Formerly low-float, high-FDV tokens that are becoming fully unlocked, such as NEAR, Uniswap's UNI and ether.fi's ETHFI, can finally go up once they stop being diluted every month. x.com x.comÂ
Solana is struggling to sell blockspace, a commodity racing to zero, while heavily diluting holders. At this year's rate, fees come to about $300M against roughly $2.4B of newly minted SOL, and fees are down about 79% year over year amid competition from Ethereum, Base, Hyperliquid, Near and others. SOL is not money either, so neither a profitable-chain nor a monetary-premium bull case holds. Nasdaq earns 17x what Solana does while buying back about twice as much and issuing no shares. x.com … Show more
Worldcoin's privacy-preserving identity layer is part of the AI build-out. World ID proves users are unique humans without exposing private information; the August thesis cited use by Zoom, DocuSign, Tinder and Okta, a $52.5M token sale locked for 12 months and a Grayscale ETF filing. Worldcoin is probably one of the best alts, could reach new highs this bull with an OpenAI IPO at a $1T valuation, and could surge very soon. x.comÂ
Berachain, Sonic, zkSync and Scroll lack the real economic activity needed to justify running their own financial systems. Aave is winding down on six chains that each made under $5k a quarter and set a roughly $2M annual revenue hurdle for new ones. The top five chains hold about 91% of stablecoins and TVL and 94.5% of chain fees. Berachain earns $22 a day in chain fees, Sonic's TVL is down 98.67% to $14M, zkSync earns $166 and Scroll $21. Crypto may end with only 5-10 real financial centers. … Show more