{"id":140710,"date":"2024-10-27T14:00:06","date_gmt":"2024-10-27T12:00:06","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140710"},"modified":"2024-10-27T13:55:23","modified_gmt":"2024-10-27T11:55:23","slug":"worldcoin-price-drop-erodes-investor-confidence-as-profits-turn-to-losses","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/worldcoin-price-drop-erodes-investor-confidence-as-profits-turn-to-losses\/","title":{"rendered":"Worldcoin Price Drop Erodes Investor Confidence as Profits Turn to Losses"},"content":{"rendered":"<p>However, the recent pullback serves as a turning point in optimistic sentiment, with many holders now facing losses and looking for signs of recovery.<\/p>\n<p>Over the past day, the price of <a href=\"https:\/\/cryptodnes.bg\/kripto-valuti\/worldcoin-org\/\" rel=\"nofollow\"><strong>Worldcoin<\/strong><\/a> has fallen by over 15%, reaching an intraday low and causing the percentage of profitable holders to drop from 87% to 70%.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-133269 size-full\" src=\"https:\/\/cryptodnes.bg\/wp-content\/uploads\/2024\/10\/WLD_1D_graph_coinmarketcap.png\" alt=\"\" width=\"1200\" height=\"800\"><\/p>\n<p>This means that about 97.36 million WLDs, valued at over $194 million, went from profit to loss in a single day. Such a sharp drop has shaken investor confidence, marking a possible shift from optimism to caution.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-set-for-100000-rally-amid-strong-institutional-demand-and-economic-trends\/\" title=\"Bitcoin Set for $100,000 Rally Amid Strong Institutional Demand and Economic Trends\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/pexels-bitcoin-7177601_1280-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Set for $100,000 Rally Amid Strong Institutional Demand and Economic Trends<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>On a broader scale, Worldcoin\u2019s current trend faces challenges. Data from the metric \u201c<em>Global In\/Out of the Money (GIOM)<\/em>\u201d indicates that about 2.79 billion WLDs, worth more than $5.58 billion, have become unprofitable during the 18 percent decline. In order to regain profitability, WLDs will need to return to $2.46, surpassing this resistance, to secure profits.<\/p>\n<p>At the time of writing, altcoin is trading for $2.01 after a 16 percent weekly decline, and Worldcoin\u2019s earlier potential to reach $3.00 is now uncertain. To stabilize, WLD needs to hold the $2.11 support level, which could help restore investor confidence. However, if it fails to surpass this point, the price is likely to drop to $1.74, which will likely extend losses and further deteriorate investor sentiment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Worldcoin (WLD) has seen impressive price growth since the beginning of September, reaching $2.46 and boosting investor confidence.<\/p>\n","protected":false},"author":9,"featured_media":79882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-140710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Worldcoin Price Drop Erodes Investor Confidence as Profits Turn to Losses - CryptoDnes EN<\/title>\n<meta name=\"description\" content=\"Worldcoin (WLD) has seen impressive price growth since the beginning of September, reaching $2.46 and boosting investor confidence.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/worldcoin-price-drop-erodes-investor-confidence-as-profits-turn-to-losses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Worldcoin Price Drop Erodes Investor Confidence as Profits Turn to Losses - 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