Worldcoin in Trouble?
Major Crash Amid Global Suspensions ⚠️🌍
After a parabolic run in April, Worldcoin (WLD) is now tumbling fast — down 22% this week and currently trading at $0.88. What’s causing this sharp drop?
Here’s the storm behind the charts:
Kenya has banned Worldcoin from collecting ANY biometric data, including facial & iris scans — the court even ordered deletion of existing data! 🧠❌
Indonesia suspended Worldcoin’s World ID platform, citing legal violations & lack of registration. 📵⚖️
Despite this chaos, trading volume surged 64%, showing traders are reacting fast and fierce. 📈🔥
Technical Snapshot:
RSI dropped to 47
Price fell below the 20-day MA
Eyes on support at $0.86 – next stop could be $0.80 or $0.75 if weakness continues
Bullish reversal possible if WLD crosses $0.94 with strong volume
The big question:
Can Sam Altman’s Worldcoin survive the global regulatory storm? ⏳
#CryptoNews #WorldcoinCrash #WLDupdate #RegulationAlert #FOMCMeeting