Worldcoin (WLD) Tanks 9.6%—Did $135M Funding Just Vanish Into Thin Air?

Worldcoin’s WLD token took a nosedive—dropping nearly 10%—despite a jaw-dropping $135 million funding round. So much for ‘buy the rumor, sell the news.’

What’s the damage?

The price slump hits as the project pockets fresh capital, leaving investors scratching their heads. Is this a classic case of overpromising and underdelivering—or just another Tuesday in crypto?

Market watchers are split: some call it a buying opportunity, others see it as proof that even fat funding checks can’t defy gravity. Meanwhile, VCs keep writing checks like they’re playing Monopoly money.

One thing’s clear—when hype meets reality, gravity usually wins.

Quick Take

• WLD currently trading at $1.01 (-9.64% in 24h) • Worldcoin's RSI at 47.45 signals neutral momentum with potential for recovery • $135M token sale from major investors contrasts with China's regulatory concerns

What's Driving Worldcoin Price Today?

The WLD price experienced significant volatility this week following contrasting developments that highlight both opportunity and regulatory risk for Worldcoin investors.

The most recent catalyst came on August 13, when Worldcoin successfully raised $135 million through a strategic WLD token sale to prominent investors including 16z and Bain Capital. This funding round was specifically earmarked for expanding biometric identity verification services in the United States, demonstrating strong institutional confidence in Worldcoin's technology and growth potential. The substantial investment initially provided upward momentum for the WLD price.

However, regulatory headwinds emerged on August 6 when China issued a stern warning about Worldcoin's biometric data collection strategy, describing it as a potential threat to national security. This regulatory scrutiny from one of the world's largest markets created immediate selling pressure on WLD/USDT trading pairs, contributing to today's 9.6% decline.

The Binance.US listing on August 6 provided a positive counterbalance by increasing accessibility for American traders, resulting in higher trading volumes. Despite this improved market access, the regulatory concerns appear to be weighing more heavily on current WLD price action.

WLD Technical Analysis: Neutral Signals Emerge

Worldcoin technical analysis reveals a market in consolidation, with indicators suggesting neither strong bullish nor bearish momentum in the immediate term.

The WLD RSI reading of 47.45 places Worldcoin in neutral territory, indicating that the token is neither oversold nor overbought. This positioning often precedes significant price movements in either direction, making it crucial for traders to monitor upcoming catalysts.

Worldcoin's moving averages present a mixed picture. The current WLD price of $1.01 sits below the 7-day SMA of $1.05, suggesting short-term bearish pressure. However, trading NEAR the 20-day and 50-day SMAs around $1.03 indicates that Worldcoin remains within its established trading range.

The MACD histogram shows a slight positive reading of 0.0002, which could signal emerging bullish momentum for Worldcoin despite the recent decline. This subtle shift, combined with the WLD RSI in neutral territory, suggests that the current selloff may be reaching exhaustion.

Worldcoin's Bollinger Bands analysis shows the WLD price at 42% of the band width, indicating room for movement in both directions. The relatively wide bands reflect increased volatility following recent news events.

Worldcoin Price Levels: Key Support and Resistance

Based on Binance spot market data, several critical Worldcoin support levels and resistance zones are emerging that traders should monitor closely.

Immediate WLD resistance sits at $1.24, which aligns with recent highs before the China regulatory announcement. A break above this level could signal renewed bullish sentiment and potentially target the stronger resistance at $1.40.

For Worldcoin support levels, immediate support is located at $0.91, representing approximately a 10% decline from current levels. This zone has historically provided buying interest and could attract value-seeking investors. The stronger support level at $0.84 represents a more significant technical floor that, if broken, could signal deeper corrective action for the WLD price.

The pivot point at $1.04 closely aligns with Worldcoin's 20-day moving average, suggesting this level could act as a fulcrum for near-term price direction. Trading above this level favors bullish scenarios, while sustained trading below could indicate continued weakness.

Should You Buy WLD Now? Risk-Reward Analysis

The current WLD price action presents different opportunities depending on your trading strategy and risk tolerance.

For aggressive traders, the combination of recent institutional investment and oversold technical conditions could present a buying opportunity near current levels. The $135 million funding round demonstrates significant institutional backing, while the WLD RSI suggests limited downside momentum. However, this approach requires strict risk management with stops below the $0.91 support level.

Conservative investors might prefer waiting for either a clear break above $1.24 resistance to confirm bullish momentum, or a test of the $0.91 support level for better entry prices. The regulatory uncertainty from China adds complexity that requires careful position sizing.

Swing traders should focus on the $0.91 to $1.24 range, as Worldcoin technical analysis suggests this corridor will likely contain price action in the near term. The neutral RSI reading provides flexibility for moves in either direction based on upcoming news flow.

Risk management remains crucial given the 24-hour trading range of $0.98 to $1.14, highlighting significant intraday volatility that can quickly impact positions.

Conclusion

The WLD price faces a critical juncture as positive funding news conflicts with regulatory concerns from China. While institutional backing provides fundamental support, traders should monitor how Worldcoin navigates the regulatory landscape over the next 24-48 hours. The neutral technical setup suggests that upcoming news could drive the next significant move, making risk management and position sizing essential for any WLD trading strategy.

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