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Why did the price of $WLD fall so low❓📉How🤯🤯

High Token Supply & Unlocks

Worldcoin has many tokens unlocking from time to time. When the supply increases in the market and the demand is not that strong, the price comes under pressure.

Early Investors & Team Selling

After the listing, early investors and team members book profits. Large selling causes the price to drop.

Privacy Concerns

Worldcoin's iris scan model creates considerable controversy in many countries. Due to doubts about privacy and data security, investors have become cautious.

Overall Crypto Market Weakness

When Bitcoin and Ethereum are sideways or down, altcoins (like WLD) usually drop more.

Hype Cool Down

The hype that was present at the time of launch has gradually diminished. After the hype ends, the price returns to a realistic level.

Regulatory Pressure

Some countries have imposed investigations or restrictions on Worldcoin, creating negative sentiment.