Krutika Adani
Despite a rally from $1.8 to $2.94 between 15 and 17 July 2024, Worldcoin has again lost its gains. The crypto trades at $2.2 at press time.
Worldcoin reached $11.84 in March 2024, and its price has been declining since then.
The fall might have been caused by allegations that some Worldcoin insiders unlocked their tokens before the vesting period ended.
Once considered a king of AI, Sam Altman has lost his dominance over the markets, which has resulted in the failure of other projects, such as Worldcoin.
Despite all this, Worldcoin has shown a breakout from the falling wedge pattern under which the crypto slid from its ATH.