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Worldcoin (WLD) Struggles Below $1 Despite Binance.US Listing as China Raises Data Concerns
In a surprising turn of events, the price of Worldcoin (WLD) has been struggling to break above the psychological barrier of $1. The listing on Binance.US, which was expected to give a significant boost to the coin’s value, has failed to have the desired impact due to regulatory concerns from China.
The cryptocurrency market is known for its volatility and unpredictable nature, and this latest development serves as a stark reminder that no two trading days are alike. Despite the listing, WLD price has declined 7.89% in the past 24 hours, indicating that traders are weighing their options carefully amidst the uncertainty surrounding Worldcoin’s biometric data collection strategy.
Regulatory headwinds from major markets like China pose ongoing risks to the project’s global adoption trajectory.
Source: Blockchain.News
