Worldcoin (WLD) has come under heavy criticism following a recent development, which led to talks about potential price manipulation by the team. Prominent crypto on-chain sleuth ZachXBT also reacted to these price manipulation allegations, suggesting that the Worldcoin team may actually be guilty of them.
“Biggest Scam Token Of The Bull Run”
ZachXBT recently described Worldcoin as the “biggest scam token of the bull run” while calling out venture capitalists and team members backing the crypto token. ZachXBT’s remarks were in response to a piece by crypto trader and analyst DeFi Squared, which alleged that the Worldcoin team has been manipulating the crypto token’s price.
In his article, DeFiSquared claimed that the team manipulates WLD’s value, contrary to Worldcoin CEO Alex Blania’s claims that they do not control the market. He noted that an 11-figure valuation for Worldcoin is only possible due to the team’s tokenomics design. The crypto analyst fu
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