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Worldcoin’s Native Token $WLD Plummets Amidst Increased Selling Pressure

The native token of Sam Altman's iris-scanning initiative, Worldcoin, has encountered a significant setback, with its token, $Wld, witnessing a sharp decline of 15% within the past day, hitting a low of $4.953. The daily trading volume of WLD has surged to $920 million, marking a remarkable 127% increase. This surge in trading activity comes amidst a challenging period for Worldcoin, as its price has plummeted by 18% over the last week, facing notable selling pressure from investors. Https://twitter.com/lookonchain/status/1790292840695926949?t=09HuyTx-PA1dU7YoqcRdwg&s=19 Whale Deposits $WLD Tokens Into Exchanges  In response to the downward trend, a notable whale recently took action to mitigate losses by depositing all 624,479 $WLD tokens, valued at $3.33 million, into Binance. This move resulted in a loss of approximately $50K for the whale. The whale had accumulated 624,479 $WLD tokens over the past month from Binance, acquiring them at […]

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