Worldcoin is not trending this season

Worldcoin$WLD is currently in a bearish mood, as confirmed by the MVRV indicator. At the time of writing, its values ​​are at -24%. This is a clear bearish signal, which indicates that short-term investors are actively selling now to profit from the cryptocurrency’s decline. This selling pressure only increases the likelihood of further declines.

Current market sentiment suggests that WLD will have a hard time starting a recovery trend in the near future. In addition, such dynamics of the altcoin scare off investors who prefer not to add Worldcoin to their portfolios.$ETH $BTC