search
Homeweb3.0Worldcoin (WLD) Investors See Their Profits Slip as the Price Dips, Anticipating a Turnaround

Worldcoin's price has been on an upward trajectory since early September, pushing WLD up to $2.46 and sparking optimism among investors.

Worldcoin (WLD) Investors See Their Profits Slip as the Price Dips, Anticipating a Turnaround

Worldcoin's (WLD) price trajectory has taken a downturn, sparking concerns among investors who had anticipated a continuous uptrend. Despite a promising rise that pushed WLD up to $2.46, recent market movements have dampened this optimism.

With many investors now facing substantial losses and hoping for a recovery, let's analyze the situation to gain insights into potential turning points.

As the price dropped,ホルダーホルダー Worldcoinホルダーホルダーホルダー profits slipped, leading to widespread anticipation of a turnaround.

Worldcoin Investors' Losses Pile Up

Over the last 24 hours, Worldcoin's price dropped by nearly 19%, hitting an intra-day low that impacted market sentiment. This sharp decline saw the total supply in profit drop from 87% to 70%, indicating a significant decrease in profitable holdings.

The 17% drop translates to 97.36 million WLD, valued at over $194 million, moving from profit to loss in a single trading day.

As more holdings fell into loss territory, it highlighted a potential tipping point where investor optimism is replaced by caution.

Worldcoin's broader market performance also encountered obstacles. The Global In/Out of the Money (GIOM) data reveals that approximately 2.79 billion WLD, valued at over $5.58 billion, lost profitability over the past week due to the 18% drawdown.

This supply was acquired by WLD holders when the altcoin was trading between $2.04 and $2.45.

Thus, only when Worldcoin's price makes it back to $2.46 can the supply become profitable again, and a breach of this resistance will secure the gains.

WLD Price Direction: Restoring Profits

Worldcoin's price dropped by 18% this week, falling from $2.46 to $1.99 at the time of writing.

This setback is noteworthy because Worldcoin's ongoing uptrend prior to the decline had indicated the potential for reaching $3.00, which would have marked a 22% gain.

This upward potential now seems less likely as Worldcoin faces resistance levels.

The 18% drop has left investors hoping for a recovery to the $2.46 level to recoup their losses.

Testing $2.11 as support is crucial, as establishing this base could enable a price rise, potentially restoring some of the lost confidence among WLD holders.

However, if Worldcoin fails to breach the $2.11 resistance, a further drop to $1.74 could be likely.

Such a decline would extend investor losses and reduce optimism about recouping profits, potentially undermining sentiment and prompting more conservative positioning in the market.

The above is the detailed content of Worldcoin (WLD) Investors See Their Profits Slip as the Price Dips, Anticipating a Turnaround. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Gitcoin Labs, the primary software development unit of Ethereum public goods funding protocol Gitcoin is shutting downGitcoin Labs, the primary software development unit of Ethereum public goods funding protocol Gitcoin is shutting downApr 26, 2025 am 11:22 AM

The decision was made in part because a “path to profitability” was unrealistic, Gitcoin co-founder Kevin Owocki said in a statement.

RCO Finance (RCOF) Emerges as a Contender for the Next Top Crypto PickRCO Finance (RCOF) Emerges as a Contender for the Next Top Crypto PickApr 26, 2025 am 11:20 AM

The XRP price has stabilized at $2.13, with a 24-hour trading volume of $2.33 billion. However, its momentum has slowed, leaving investors seeking the next top crypto pick.

Bitcoin (BTC) Could Reach $1.5 Million per Coin by 2030, ARK Invest ProjectsBitcoin (BTC) Could Reach $1.5 Million per Coin by 2030, ARK Invest ProjectsApr 26, 2025 am 11:18 AM

Investor and CEO Cathie Wood's ARK Invest firm projects that Bitcoin could reach $1.5 million per coin by 2030

The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility.The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility.Apr 26, 2025 am 11:16 AM

"For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question"

As Trump Announces a 90-Day Delay for Tariffs on Cryptocurrency Imports, Speculators and Investors Begin to Outline Potential RisksAs Trump Announces a 90-Day Delay for Tariffs on Cryptocurrency Imports, Speculators and Investors Begin to Outline Potential RisksApr 26, 2025 am 11:14 AM

As the US President Donald Trump announced a 90-day delay for the tariffs on cryptocurrency imports, speculators and investors began to outline potential risks to the broader cryptocurrency market.

Spotting 'one small detail' on 50p coin from 2011 could earn you £2,000Spotting 'one small detail' on 50p coin from 2011 could earn you £2,000Apr 26, 2025 am 11:12 AM

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

Brits are being urged to be on the lookout for a highly sought-after 50p coin that has the potential to be worth a staggering £2,000Brits are being urged to be on the lookout for a highly sought-after 50p coin that has the potential to be worth a staggering £2,000Apr 26, 2025 am 11:10 AM

This coin is highly prized by collectors if it features a specific design.

Spotting 'one small detail' on 50p coin from 2011 could earn you £2000Spotting 'one small detail' on 50p coin from 2011 could earn you £2000Apr 26, 2025 am 11:08 AM

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Dreamweaver Mac version

Dreamweaver Mac version

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Safe Exam Browser

Safe Exam Browser

Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.

EditPlus Chinese cracked version

EditPlus Chinese cracked version

Small size, syntax highlighting, does not support code prompt function

PhpStorm Mac version

PhpStorm Mac version

The latest (2018.2.1) professional PHP integrated development tool