Worldcoin is trading at around $0.41 on Friday afternoon. That means the token has lost 22.5 percent over the past seven days; on October 23 it still stood at $0.55. The trigger is not just the weak overall market. In the same week, several large addresses that had not moved for months or years deposited WLD on crypto exchanges. This article explains what that means for the price and for your custody.
Worldcoin stands at $0.41, 22.5 percent below the start of the week
According to CoinGecko, the price is $0.4115, down 5.5 percent in 24 hours and 22.5 percent over the week. The daily low was $0.3631, which is also this week's lowest level, because the price has closed lower than the previous day on every day since October 23. WLD recovered from the low to above $0.41 by the afternoon, with a daily high of $0.4333.
For a sense of scale: Worldcoin ranks 61st among crypto assets by market capitalization, with around $1.54 billion. Tokens worth about $496 million changed hands in 24 hours. Trading volume therefore equals almost a third of the entire market capitalization, a figure that points to nervous reshuffling rather than calm holding. WLD is far from its high of $11.74, reached on March 9, 2024.
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