Worldcoin falls 7% as trading volume drops 38%, price hovers above $0.54

Worldcoin (WLD), the digital asset linked to OpenAI CEO Sam Altman’s digital identity initiative, declined by nearly 7% on October 22, partially retreating from its 21% rally earlier in the week. The move came as traders reassessed whether the recent rebound could be sustained. Early Thursday, WLD traded around $0.5455, reflecting a 6.61% drop over the previous 24 hours. The token’s trading volume sank sharply, decreasing by approximately 38.5% alongside the selloff, which many analysts consider a sign of cooling momentum after the rapid rise. Worldcoin’s total market capitalization settled near $2.08 billion, as tracked by token data platforms.

Source: CoinTurk News