Worldcoin Plunges 21% as Thailand Ban Triggers Momentum Washout Below Critical Support
Worldcoin (WLD) has been absolutely clobbered this week, tumbling 21% to $0.63 as Thai regulators ordered the immediate deletion of 1.2 million biometric records and banned all operations in the country. The devastating drop erased December’s entire recovery attempt and sent the token spiraling to fresh multi-month lows. The main question for traders is: can bulls defend the psychological $0.60 level, or will regulatory headwinds fuel a complete flush toward $0.50?