ANALYSIS: Worldcoin's 18% drop led to $5.58 billion in investor losses, with hopes now focused on a recovery to $2.46.
Worldcoin recently experienced an 18% price drop, translating to a staggering $5.58 billion in losses for investors. This decline has decreased the percentage of profitable holdings, with many investors now hoping for a rebound to around $2.46—a level crucial for restoring lost gains. As Worldcoin holders face these losses, market sentiment has shifted, with caution increasing among investors.
For a recovery, Worldcoin’s price must establish a support level around $2.11. Failing to hold there could drive the price down further, potentially exacerbating losses and eroding confidence.
