Analyst: The current Worldcoin market value divided by the FDV ratio is only 0.01.

Odaily News: Tom Wan, an on-chain data analyst at 21.Co, the parent company of 21Shares, tweeted that the current market cap/FDV ratio of Worldcoin is only 0.01, which means only 1% of Worldcoin's supply is in circulation. However, according to the token vesting schedule, Worldcoin will only start unlocking tokens on a large scale from July 2024, with a daily unlocking of 6.62 million WLD tokens (approximately 0.39% of the total supply).