Ah, the grand theater of finance! Behold, the World Foundation, that modern-day sorcerer, has once again waved its wand, and lo, the tokens have tumbled into the abyss. A mere $65 million, you say? A pittance, a trifle, a drop in the ocean of their boundless ambition. Yet, the market, that fickle mistress, has turned her back, leaving the WLD token to wallow in the mud of its own making.
Recall, if you will, the raid in Thailand, where the long arm of the law reached into the iris-scanning sanctum of Sam Altman’s brainchild. A spectacle, indeed! But the foundation, ever resilient, has now resorted to selling its own tokens at a price that would make even the most frugal soul blush. A 76% drop, they say? Nonsense! It is a freefall, a plunge into the depths of financial despair.
The numbers, those cold, unfeeling harbingers of truth, tell a tale of woe. Last year, the foundation raised $135 million at a princely $1.13 per token. Now, they peddle their wares at a paltry $0.27. And for what? To fund their “core operations,” they claim. Ah, the core! That mysterious, ever-expanding black hole into which money vanishes without a trace.
1/ World Assets, Ltd. has now closed a series of OTC sales for a total of $65,000,000 with four counterparties over the past week, the first of which settled on March 20, 2026.
– World Foundation (@worldcoinfnd) March 28, 2026
And what of the lockup period? A mere six months for a quarter of the tokens. The rest, unleashed upon the market like so many wild beasts, free to roam and wreak havoc. The price, once a lofty $11.82, now hovers at $0.27, a shadow of its former self. A 97% decline, they say. A tragedy, no doubt, but one that invites a wry smile from those who see the absurdity of it all.
2/ The sale was conducted at an average price of ~$0.2719/WLD. $25,000,000 worth of the tokens sold are subject to a 6-month lockup period.
– World Foundation (@worldcoinfnd) March 28, 2026
But wait! There is more. A token unlock looms on the horizon, a tidal wave of supply set to crash upon the shores of an already beleaguered market. July 23, mark your calendars, for it promises to be a spectacle of epic proportions. And the regulatory hounds? They bay at the foundation’s heels, from Indonesia to Brazil, from Germany to Kenya. Even Thailand, that tropical paradise, has joined the chorus of dissent.
3/ This sale funds the project’s core operations and activities, R&D, orb manufacturing, ecosystem development, and more.
– World Foundation (@worldcoinfnd) March 28, 2026
Ah, the orbs! Those mystical devices, the cornerstone of their grand vision. But at what cost? The market, it seems, is not convinced. And as the WLD token teeters on the brink, one cannot help but wonder: is this the beginning of the end, or merely another chapter in the foundation’s never-ending saga of hubris and folly?
The world watches, and waits, with bated breath and a touch of schadenfreude. For in the grand theater of finance, there is always a new act, a new spectacle to behold. And the World Foundation, that modern-day sorcerer, continues to weave its spell, for better or for worse.
Read More
- Invincible Season 4 Episode 4 Release Date, Time, Where to Watch
- How Martin Clunes has been supported by TV power player wife Philippa Braithwaite and their anti-nepo baby daughter after escaping a ‘rotten marriage’
- Gold Rate Forecast
- Clash Royale Balance Changes March 2026 — All Buffs, Nerfs & Reworks
- CookieRun: OvenSmash coupon codes and how to use them (March 2026)
- Roco Kingdom: World China beta turns chaotic for unexpected semi-nudity as players run around undressed
- eFootball 2026 is bringing the v5.3.1 update: What to expect and what’s coming
- We talked to ‘Bachelorette’ Taylor Frankie Paul. Then reality hit pause on her TV career
- Charlie Day Confirms What Always Sunny Scene Is His Career Highlight
- Bachelor star calls Taylor Frankie Paul scandal ‘beyond messy’ as he reveals where he stands on cancellation
2026-03-29 21:58