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International Business Times
International Business Times
Business
Nica Osorio

WLD Nosedives Over 20% As Crypto Project Exits Brazil, France, India

Worldcoin WLD India Brazil Crypto France
Worldcoin orb Disassembly Walkthrough (Credit: Youtube Screenshot/ Worldcoin Official YouTube Channel)

KEY POINTS

  • Worldcoin was launched in July 2023
  • WLD plummeted by 20% this week after news of its exit from various countries
  • WLD was trading in the red zone at $3.51 as of 6:27 a.m. ET on Friday

Worldcoin (WLD), the iris-biometric scanning cryptocurrency project, saw the value of its native cryptocurrency with the same name nosedive by more than 20% as the controversial initiative paused scanning activities in several regions, including Brazil, India, and France.

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