Avoid using leverage when buying Worldcoin; instead, opt for dollar-cost averaging. The price could dip to $0.50, but the upside potential is significant, ranging from $5 to $10. It’s best to continue buying in spot.
This price level was last seen two years ago at launch. Currently, they are offering €40 per friend referral in Germany, which is substantial.
The primary reason for the price drop this year was linked to FTX and Alameda Research, both of which were among the initial investors. Following FTX’s collapse and banking issues, they were forced to sell their holdings. However, they have reportedly completed their selling this week, meaning no more significant sell-offs are expected.