Markets· ★★· neutral·

Worldcoin rises 5.88% in 24 hours as futures open interest drops 12.26%

  • —WLD trades at $0.54 on Binance spot after a 5.88% daily gain
  • —Futures open interest for WLD fell 12.26% over the same period
  • —The token is above all key moving averages, per Blockchain.News
  • —Taker selling dominated futures order flow
Why it matters: Price gains paired with falling open interest point to short covering rather than fresh capital, raising doubts about the move's durability.
#WLD
Source: TokenPost
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