Posted 2/20/2024, 9:00:00 PM
Worldcoin Price Plummets from February Highs as AI Hype Fades
- Worldcoin (WLD) price gained over 270% in February from AI sector hype, but is now dropping as theme is priced in
- WLD could fall another 10% to key support level of $5.7330
- If support fails, next target is 50% Fibonacci level at $5.0340
- Social metrics show fading attention and spikes in deposits/inflows suggest investors exiting
- Bullish outlook remains unless WLD breaks below $3.9820, but recovery possible if bulls regain control