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Worldcoin faces 18% slump as market remains bearish

WLD sees an 18% price drop: Worldcoin (WLD) faced a steep decline, dropping 18% to 2.96 USD. Over the past week, Worldcoin’s price steadily decreased from 3.37 USD, reaching a HIGH of 4 USD before falling. This downtrend has contributed to bearish sentiment in the larger cryptocurrency market.

Crypto market cap down 5.45%: In the past 24 hours, the cryptocurrency market capitalization plunged 5.45%, totaling 3.44 trillion USD. This decline reflects widespread bearish sentiment that has affected various coins, including Worldcoin, which has seen significant price fluctuations during this period.

WLD trading volume up 230%: Worldcoin’s trading volume spiked over 230%, reaching 1.38 billion USD. This surge indicates heightened investor interest despite overall bearish trends. Nevertheless, technical indicators show strong selling activity, with potential support around 2.71 USD but risk of further decline to 2.50 USD.

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