How does that influence us? Should I expect a token price decline or rise? Should I sell, purchase, or hold? I checked their price activity during past unlock events and it's horrible. Details about these cryptocurrencies.

1) The Sandbox

I examine it utilizing the SAND token. You must recognize that it is the native currency of The Sandbox, the gamified metaverse. In November 2021, the price of the SAND token skyrocketed. The price increased from $0.76 on October 28 to $8.40 on November 25. That is an x11 in less than a month. So we know a bull run is imminent, this undertaking has enormous potential.

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Currently, the price is $0.407191. Its market capitalization is $834 million. And now it becomes relevant to our purpose. It is ranked #51 by market capitalization. The maximum and total supply of SAND tokens is 3 billion. There are currently two billion tokens in circulation. However, this will soon change. On Monday, August 14, 2023, an additional 308,46,000,000 SAND will be available for purchase. This represents at least 10.28% of the total supply. Approximately $124 million at the prevailing price. That represents nearly 15% of the market valuation.

In other terms, this is a significant token activation occurrence. Consequently, I like to reflect on recent unlock occurrences. I will focus on the price fluctuations surrounding these activation events.

The SAND tokens are unlocked every six months. Thus, annually on August 14 and February 14 of each year. As we saw, they also release substantial quantities.

Let's return to February of 2023. View this graph. Just prior to the unlock, the price increased. From February 7 to February 8, the price increased from $0.7 to $0.91. That's an increase of 30%. On the 14th, however, the price fell to $0.68. After that, it rose to $0.82 on February 21. However, as of the 21st, the price was reduced. This concluded on March 13 at $0.53.

On August 14, 2022, a year ago, I observed this development. On the 14th of August, the price was $1.33. However, a decline began on August 15 and peaked at $0.83 on September 19th. This continued until October's conclusion, when it reached $0.73. On 14 February 2022, after the unlocking, the price dropped. From $4.04 on the 15th of February to $2.92 on the 22nd. In August 2021, prices decreased from $0.66 on the 14th to $0.58 on the 19th.

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So, what should we anticipate on Monday? Considering these historical dates, we can anticipate a price decline. Since the last unlock in February, SAND appears to be in a downward spiral. If you already own SAND and purchased it at a premium, now is not the time to sell. This is an excellent entry point if you believe that gaming and metaverses will perform well during the next bull market.

(2) The Worldcoin (WLD)

You can find these Orbs all over our planet. Currently, 34 countries have been verified. However, verified individuals hail from 120 distinct nations. And these numbers continue to rise. However, there is considerable controversy surrounding Wolrdcoin and the Orbs. In summary, iris analysis is a personal and distinctive practice. How is your personal privacy? Numerous European nations have stringent privacy regulations.

There are known instances of stolen login credentials, for instance. Other cases involved the sale of World IDs on the illicit market. Worldcoin is too reminiscent of Big Brother for my opinion. However, the initiative has many supporters. Check out this video if you, like me or Mattie, are debating whether you should go all in. Almost all of your concerns are addressed.

Now, the WLD token was released on July 24, 2023, and its price promptly reached a high of $3.30. On July 25 there was a sharp decline to $1.94, followed by an increase to $2.48. The present price has returned to $1.94. Market capitalization is $239 million. The entirely diluted valuation, however, is $19 billion. Therefore, this indicates the initial issue with WLD. There is a significant difference between the maximum and total supply of 10 billion WLD tokens and the current supply. This only costs 123,000,000 tokens. This limited supply will have an effect on the price.

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This brings up issue number two. Worldcoin releases 3.43 million WLD tokens daily. That's 0.03% of the daily supply! That is $2.79 million at the current price, or 3% of the market capitalization. This situation is a time bomb. Positively, the majority of tokens in circulation are allocated to the community. This is excellent. They are ruled by the crew. This could be positive or terrible. It depends entirely on what the team does with this governance. It is too soon to have a firm grasp on that.

There is an additional issue that makes matters worse. The vast majority of the current circulating supply is controlled by market makers. In other words, venture capitalists, institutions, and investors control an excessive amount of the circulating tokens. Few tokens are available to the public. Taking into account these factors, I anticipate that the WLD token will continue to decline. Due to the numerous other controversies surrounding the endeavor, I avoid it. What are your thoughts on Worldcoin? Please tell me in the comments.