Krutika Adani
Worldcoin's price has plummeted by around 95%—In 4 months—From a high of around $11.82 in March to a current price of less than $2
Worldcoin has been criticized several times in the past for its intrusive iris-scanning identity verification, citing privacy concerns.
This might be possible, considering that WLD's price surge in February happened around the time that Open AI CEO Sam Altman announced his $7 trillion chip-making project.
Soon after these news-fueled price surges, the cryptocurrency price promptly crashes, showing a strong correlation to the hype—much like memecoins do.