Worldcoin experiences severe rotation as identity verification narrative faces skepticism during fear.
What's Happening:
$WLD plunges 9.11% to $0.5290 amid broad crypto selloff
World ID expansion continues but token faces structural selling
24h range from $0.5230 to $0.5840 shows 11% volatility
Fear & Greed at 24 accelerating selling in newer tokens
Why It Matters: Worldcoin's ambitious biometric identity project continues scaling, but the token faces ongoing unlock pressure and skepticism about utility-to-price relationship.
Technical View: WLD broke below $0.55 level. Critical support at $0.5230 (24h low). Resistance at $0.5840. Token dynamics dominated by unlock schedule.
🎯 Key Levels:
Support: $0.5230 | Resistance: $0.5840
24h Range: $0.5230 - $0.5840
💡 7 billion potential users - but tokenomics matter more than vision short-term
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Worldcoin #WLD #WorldID #Identity #Crypto
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
