The price of the Worldcoin (WLD) token has experienced a recent decline due to several factors:
Departure of Sam Altman: The news that Sam Altman was ousted as CEO of OpenAI negatively impacted the token's price, which fell by about 6% immediately after the announcement.
Massive token unlock: Worldcoin is in the process of unlocking 2.38 billion WLD tokens over the next four years. This increase in the supply of tokens has raised concerns in the market, contributing to a 7% drop in price.
Insider trading accusations: Recently, Worldcoin has faced accusations of insider trading and price manipulation, which has affected investor confidence. $WLD