Oh boy. Worldcoin, this shiny new crypto gizmo, took off like it was late for a date and now—surprise!—it’s crashing right back to reality. You can practically hear the dramatic music in the background. Legal trouble is popping up everywhere: Kenya, Indonesia…you name it. You know things are bad when you can’t even scan someone’s eyeballs in peace anymore.
So, in April, this thing was hotter than a fresh bagel—now it’s down 7% in one day, 22% this week. People are still trading it, though. In fact, trading is up 64%. Because nothing says, “I love a good dumpster fire,” like buying more while the roof is caving in. It’s that classic adrenaline rush—rollercoaster meets house of cards.
But here comes Kenya. Their High Court says, “Enough with the eye-scanning voodoo, Worldcoin! Delete the data, all of it. No more biometric collectibles for you. And if we catch you pointing that orb at anyone, we’re gonna have a problem.” (Imagine the judge with a giant Orb on their desk just for effect.) This all started when the Katiba Institute said, “Hey, maybe don’t give out magic internet money for people’s faces.” Honestly, probably a good call.
Meanwhile, in Indonesia, the Ministry of Communication is like, “Wait a second—who even are you? You forgot one teensy step: registration!” Result? Worldcoin’s digital ID gets the big red stamp: SUSPENDED. Now everyone’s being “invited” for a nice, cozy chat with regulators. Spoiler: these chats usually involve lawyers, coffee, and zero hugs.
Tech-wise, WLD is now sitting at $0.88, which is way less impressive than that sweet $1.20 high back in April. It’s hanging on for dear life above support at $0.86—the financial equivalent of clinging to a ledge and looking down at a very long drop.
Apparently, the token just dipped below its 20-day moving average. That means the party’s over…for now! RSI is chilling at 47, which isn’t full-blown disaster, but let’s just say the parade’s not in town anymore. Are we heading for $0.80? Maybe $0.75? Place your bets. Or, hey, if it actually climbs again, maybe it’ll break $0.94 and all the yentas in your group chat will tell you they “totally saw it coming.”
Anyway, Worldcoin’s future? Depends if they can play nice with regulators. If not…well, let’s just say, I’ve seen less awkward endings on “Curb Your Enthusiasm.” 🙄🎭
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2025-05-06 08:52