The price of Worldcoin's WLD token is sliding toward a key support level at $0.24, with technical indicators and funding rates both pointing lower. A year-end projection from CoinCodex puts the token at $0.22, even as large holders — or whales — increase their positions. Retail traders, meanwhile, remain bullish, creating a split in market sentiment.
Whales buying while bears circle
On-chain data shows whale accumulation picking up for WLD. Large wallets have been adding to their holdings in recent days, a move that often signals confidence in a rebound. But the broader market picture is less rosy. Negative funding rates — meaning short sellers are paying to keep positions open — suggest professional traders expect further declines. Weakening technical indicators reinforce that view.
Retail optimism stands apart
Despite the bearish signals from funding rates and price action, retail sentiment for WLD remains optimistic. Social media chatter and smaller wallet activity show a bullish tilt. That divergence is notable: whales tend to act on longer-term views, while retail often chases short-term momentum. In past crypto cycles, such splits have sometimes preceded sharp moves — though not always in the direction retail expects.
What the price charts show
WLD has been trading in a downtrend, with each rally failing to hold gains. The $0.24 level has acted as support before; a break below could open the door to $0.22, in line with CoinCodex's year-end forecast. The token's relative strength index (RSI) is oversold, which can sometimes attract bargain hunters, but the negative funding rates suggest that any bounce may be short-lived.
No official statements from Worldcoin or its developers have addressed the price action. The project continues to expand its iris-scanning identity network, but token price remains detached from fundamental developments in recent weeks.
The unresolved question
The key unknown is whether whale accumulation will eventually outweigh the bearish technicals. If WLD holds $0.24 and reverses, the divergence between whales and retail could narrow. If it breaks lower, the retail bulls may face a rude awakening. For now, all eyes are on that support level — and on whether the whales' buying appetite proves stronger than the shorts' conviction.
