Is Worldcoin WLD Collapsing? đŸ˜± Crypto Drama Unleashed!

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The Grim Tale of Worldcoin’s Descent

Why did Worldcoin plunge 14% in a single day? đŸ€”

Ah, Worldcoin-a tale as old as time, yet fresh with despair. The poor coin tumbled 14% in a day, crushed under the weight of regulatory crackdowns, token unlocks, and the relentless bear market. A trifecta of misfortune, indeed.

Will WLD’s bearish woes persist? đŸ»

Fear not, dear investor! The bears, though mighty, may not rule forever. After such liquidations, even the shortest of breaths could hint at a pause in their dominance-for now, at least.

Worldcoin’s fall of over 14% in 24 hours set it apart from the broader crypto market, which only dipped a modest 9%. Quite the overachiever, isn’t it? 📉

The altcoin has been stuck in a sideways limbo for months, ever since its initial surge from $0.60. External factors-political tensions, unlocks, and bearish structures-only added fuel to the fire.

Why WLD is Falling Faster Than Humpty Dumpty đŸ„š

To start, Worldcoin continues to be hunted by regulators worldwide. Colombia is the latest to join the fray, ordering the immediate deletion of biometric data collected from its citizens. Oh, the audacity!

Not to be outdone, the Philippines and Thailand issued a cease-and-desist order, forcing Worldcoin to halt operations. A devastating blow to both users and airdrop enthusiasts-the latter now left clutching their metaphorical rain-soaked coupons.

Adding insult to injury, the unlock of 37 million WLD tokens, worth over $25 million, intensified sell pressure. As of press time, 42% of tokens remain locked, an astronomical 4.25 billion WLD coins. Quite the treasure chest-or trap, depending on your perspective.

And let’s not forget the overall bearish market structure. Bitcoin, the granddaddy of crypto, was just a few thousand shy of $80K. Even giants stumble. đŸ€·â€â™‚ïž

Are Bulls Planning a Comeback, or Will Bears Continue Their Feast? 🐂

On the charts, WLD has been trading below a slanting trendline for three months, a clear sign of bearish dominance. Before this, it was stuck in a range from April to September-a prisoner of its own volatility.

MACD confirms seller strength, though it’s not enough to breach $0.60. The Cumulative Volume Delta stands at negative $10.71 million, indicating that shorters are driving the show. A bleak picture, indeed.

However, WLD’s price is teetering on the edge of consolidation. An expansion is expected, though in which direction remains a mystery. The suspense is killing us! đŸ˜©

The liquidation heatmap reveals over $1.5 million in clustered liquidity at $0.63. Lower clusters have been wiped out, leaving the price poised for a move toward the higher target. Could this be the dawn of a reversal?

With liquidity forming above $0.63, the price may inch toward it. This suggests that Worldcoin’s descent might halt, with bulls ready to charge. Or, you know, stumble awkwardly forward. 🐂

So, dear reader, will Worldcoin rise from the ashes or continue its tragic plunge? Only time will tell. Until then, keep your popcorn ready-this drama is far from over.

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2025-11-22 10:32