【Worldcoin will transfer $12 million worth of WLD to 5 market makers】
Recently, the cryptocurrency market has shown weakness, with all major assets retreating to support levels, and the market liquidation volume reached $117.25 million in the past 24 hours. Among them, Worldcoin (WLD) entered a bearish trend again after a moderate rise. WLD peaked at $2.32, dipped to $2.19, and is currently priced at $2.27, down over 1%.
According to CoinMarketCap, WLD's daily trading volume has decreased by over 16%, reaching $197 million, and the market liquidation amount reached $1.45 million. Over the past week, Worldcoin distributed 5.3 million WLD tokens to multiple market makers, worth $12 million, in an attempt to provide liquidity to the market.
Technical analysis shows that WLD's RSI is 45, the short-term moving average is below the long-term moving average, and the MACD is also below the signal line, indicating sustained bearish pressure. WLD may bounce back to $2.24, but if bearish pressure intensifies, the price may drop to the $2.20 range. If upward momentum strengthens, it could challenge $2.30, or even rise to $2.35.
