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Worldcoin (WLD) has recently encountered significant price turbulence, with its value plummeting by 24% in just a few days. Currently trading at around $1.65, the altcoin has failed to bounce back from its previous support level of $2.00.
The crypto universe is ruthless, and in recent weeks, Worldcoin (WLD) has painfully demonstrated this. Despite being backed by the CEO of OpenAI, Sam Altman, the project saw its value plummet, leaving 84% of its holders at a loss.
With Alamanda Research's FTX exchange auctioning the Worldcoin tokens, the Ethereum-based project records a sharp plunge. Notably, the exchange holds 22.3 million WLD crypto tokens worth $37 million. With a limited time to bid, interested participants are now eligible to apply.
Worldcoin's (WLD) price has faced significant price pressure recently, failing to bounce off the $2.00 support level. The altcoin is currently trading at $1.65, with consolidation appearing to be the next likely move.
The FTX estate plans to auction around 22 million Worldcoin (WLD) tokens, estimated to be worth about $38 million, on October 3.
WLD wallets in profits have decreased significantly from 23% to 6% in seven days
The FTX estate is set to auction 22 million Worldcoin tokens, valued at $38 million, on Oct. 3, with investor bids starting at $2.5 million and potential discounts of up to 75%
According to CoinGecko, Worldcoin currently has a market capitalization of approximately $792 million and a 494 million circulating supply.
Worldcoin (WLD) price has seen a sharp decline, dropping 20% in the past week amid growing bearish sentiment. Further fueling concerns, the FTX estate is set to sell a large batch of locked WLD tokens at a significant discount.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
WLD price fell over 2% when it was reported that the FTX estate was preparing to auction 22.3 million locked Worldcoin WLD tokens, valued at roughly $37.7 million, at a discount. Allegedly, this would be part of the recovery efforts that the estate had been trying to pursue for its creditors.
The FTX Estate will auction 22.3 million locked Worldcoin (WLD) tokens, valued at approximately $37.7 million, with bids due by 8 PM ET Wednesday.
The FTX estate is set to auction 22.3 million locked Worldcoin (WLD) tokens at a significant discount, sources told The Block.
WLD is set to sustain its month-long bullish trajectory.
The Personal Information Protection Commission (PIPC) slapped a fine of 1.1 billion Korean won ($850,000) on both organizations. This is for illegally gathering iris scans from nearly 30,000 people in the country.
Latin America (LATAM) continues to assert its growing importance in the global crypto ecosystem. In Colombia, Nexo has joined the Fintech Association, marking a significant step in its regional expansion.
Worldcoin has expanded its orb verifications to Guatemala, Poland, and Malaysia amidst a wave of concerns regarding the dangers of artificial intelligence and the difficulty of identifying bots and humans online.
This week's roundup highlights regulatory tightening and innovations in the crypto sector across Asia and MENA. Dubai's regulator implements new crypto marketing rules, which will be effective as of October 1, 2024.
The Worldcoin price had made a huge noise within the markets as it broke above the descending pattern. While the market participants believed the token reached $3 without any bearish interference, the token began to consolidate around a narrow range.
Worldcoin (WLD) is making waves in the cryptocurrency market with a notable price rally that has caught the attention of investors. After a recent surge, many are speculating whether WLD can sustain its momentum and reach new heights.
While WLD aims for a potential recovery to $4, its recent performance remains volatile, with a 4% drop in the last 24 hours.
South Korea's Personal Information Protection Commission (PIPC) has imposed a fine on Tools for Humanity, the developer behind the Worldcoin project, for violating local data privacy laws. The commission announced that the company was fined over 1.1 billion Korean won (roughly $830,000) for allegedly mishandling personal data and breaching overseas data transfer regulations.
Crypto exchange Binance on Friday issued an important announcement on Sam Altman's AI-meets-crypto project, Worldcoin (WLD). The exchange revealed that it is forging ahead with WLD futures listing, echoing a frenzy among market watchers globally.
Worldcoin expands its World ID services to three new countries as its token value surges, reflecting growing interest in digital identity verification solutions in an AI-driven world.
