Worldcoin (WLD) Price Dips Despite Panama Expansion News

• WLD faces a bearish trend despite Panama expansion, falling 6.11% to $2.36.
• Technical indicators show mixed signals, with MACD bullish but weak momentum.
• Potential bullish reversal spotted via head-and-shoulders pattern at $1.28.

Worldcoin (WLD) has experienced a price drop following the team’s announcement of expanding World ID verification to Panama starting November 27.

Despite the news, the market reacted negatively with WLD falling in value over the past 24 hours. At press time, WLD traded at $2.36, reflecting a 6.11% decline. The token’s market capitalization dropped to $1.65 billion, a 5.47% decrease from the previous day. Trading volume also decreased by 35.46% to $533.21 million.

This dip suggests reduced market activity and declining investor interest. The token’s circulating supply is currently 699.27 million WLD.

Price Trends and Volatility

The 24-hour price chart for WLD shows a consistent decline, beginning at a daily high of $2.5131. Increased volatility appeared in the chart, displaying declines coupl…

The post Worldcoin (WLD) Price Dips Despite Panama Expansion News appeared first on Coin Edition.