🧵 1. Worldcoin (WLD) is stuck after a 70% drop from its peak. The token has stabilized around $2, hinting at a market conflict. #crypto
🧵 1. Worldcoin (WLD) is stuck after a 70% drop from its peak. The token has stabilized around $2, hinting at a market conflict. #crypto
🧵 2. Worldcoin's strategy aims to keep the token attractive at $2 level. The limited trading history makes long-term analysis challenging.
🧵 3. Over 300,000 Optimism wallets hold WLD tokens since July 24, while transfer volume has dropped. Traders choose to hold rather than trade.
🧵 4. WLD shows fluctuation within an ascending channel pattern. A close above upper trendline may boost rally towards $2.50 in Q3, up 12% from current levels.
🧵 5. Breaking below lower trendline could put WLD price in $2.15 range. Further decline may test support levels. Uncertainty surrounds WLD's future prospects.
🧵 Read more at: https://cointelegraph.com/news/worldcoin-stuck-downside-wld-price-analysis
Even if the coin fail, the ones who create it already win. They can sell all the biometric data they storage.