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🤖 AI × Crypto🔴 BearishImportance 7/10

Will Worldcoin price set a new all-time low despite Eightco’s $326M bet?

crypto.news|Peace Longe|
Will Worldcoin price set a new all-time low despite Eightco’s $326M bet?
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🤖AI Summary

Worldcoin (WLD) price remains near all-time lows despite Nasdaq-listed Eightco revealing a significant $326 million position in the token on April 2. The token has failed to mount any meaningful recovery and continues trading in a descending channel pattern.

Key Takeaways
  • →Worldcoin price is trading near all-time lows with minimal recovery signs.
  • →Nasdaq-listed Eightco disclosed a substantial $326 million position in WLD tokens on April 2.
  • →Despite the major institutional investment, WLD has failed to stage any meaningful price recovery.
  • →Technical analysis shows WLD remains in a descending channel structure on daily charts.
  • →The large institutional bet has not provided the expected bullish catalyst for the token.
Mentioned Tokens
$WLD$0.2436▼-2.2%
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#worldcoin#wld#eightco#institutional-investment#all-time-low#technical-analysis#descending-channel#ai-tokens
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