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After a solid bullish move, Alts market cap is consolidating in a bullish pennant. The breakout of the bullish pennant would also confirm the breakout of the trend-line and D1 resistance. This would be a tremendous bullish sign for the Alts. #crypto2023 #BullRun #cryptoadoption

After a solid bullish move, Alts market cap is consolidating in a bullish pennant. The breakout of the bullish pennant would also confirm the breakout of the trend-line and D1 resistance. This would be a tremendous bullish sign for the Alts. #crypto2023 #BullRun #cryptoadoption

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WHY IS WORLD COIN ($WLD) PRICE DROPPING MUCH ? Worldcoin (WLD) Price Tanks 10% Amid Strong Whale Deposits To an exchange The Worldcoin price comes under pressure as whale deposits $3.3 million worth of WLD to #Binance . Market analysts weigh whether WLD price can surge back in coming days. Worldcoin whale deposited $3.3 million worth of WLD to Binance creating selling pressure. Market analysts have turned skeptical of holding WLD as the project activity drops. Despite challenges, Worldcoin continues expanding ID verification services globally. WLD, the native cryptocurrency of Sam Altman’s iris-scanning project Worldcoin, has tanked by 10% in the last 24 hours slipping all the way to $5.24. Also, the daily trading volume for WLD has surged by 80% to $644 million. The Worldcoin (WLD) price has been under selling pressure with a 14% drop over the past week. Worldcoin Whale Deposits: On-chain data shows that the Worldcoin (WLD) whales have been moving their coins to the exchanges with the possible intent of selling and are not willing to hold longer. According to insights from on-chain data provider LookonChain, a significant move was observed involving the cryptocurrency $WLD, totaling 624,479 tokens valued at $3.33 million. Reportedly, a whale who had amassed this amount over the past month opted to deposit it into Binance after realizing an approximate loss of $50,000. The whale had acquired the 624,479 $WLD tokens, valued at $3.38 million, from Binance over the course of the past month, with an average acquisition price of $5.42 As we know, Worldcoin has been unlocking new coins in the market to increase distribution and usage. Of course, this increased WLD supply creates selling pressure on the cryptocurrency. On the other hand, some market players are warning that Worldcoin has been moving away from its goal of universal basic income. $WLD is currently trading at $5.17 per coin as at the time of writing. Is this the best time to buy WLD dip or wait for CPI result tomorrow ? Always DYOR and invest wisely . #Crypto_Angel
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