Worldcoin $WLD Absorb Unlocks as Multicoin Capital Buys $29M.
What's Happening:
WLD trades at $0.4904 (-0.47%) amidst heavy weekly unlocks ($19M).
Multicoin Capital reportedly bought $29M WLD OTC, shielding liquidity from the open market.
"World Chat" update transforms the app into an encrypted messaging giant.
World Chain hits 1M monthly active addresses, proving network effects.
Why It Matters:
Venture Capitalists doubling down in the face of unlocks is a strong signal. They see the user base growth (1M MAU) outpacing the inflation rate. The "Super App" vision is taking shape.
Technical View:
Price is compressing. $0.48 is the floor. $0.55 is the breakout level. Institutions buying OTC suggests a floor is in.
🎯 Key Levels:
Support: $0.480 | Resistance: $0.550
24h Range: $0.485 - $0.500
💡 "Identity is the new oil. Worldcoin is building the refinery."
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Worldcoin #WLD #ProofOfHumanity #CryptoAdoption #Web3
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.
