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WLD once dropped over 20%, with a market capitalization falling to $2.25B

MarsBitNews
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Mars Finance News, June 6, according to market data, WLD once dropped more than 20%, and is now quoted at $0.4319, with its market value falling to $2.247 billion. Arthur Hayes posted today that he has fully cleared out his holdings of Worldcoin (WLD), less than a day after publicly saying he would continue to hold WLD. Hayes regards WLD as a liquidity proxy asset for artificial intelligence-themed trading. He believes that as SpaceX increasingly emphasizes AI and connectivity businesses, strong performance after listing will boost the entire AI and technology sector, and WLD serves as an alternative for ordinary investors who find it difficult to directly participate in SpaceX equity trading. However, SpaceX stock’s pre-IPO quotes in the private market have recently fallen sharply. Data shows that the pre-IPO price of SpaceX on Hyperliquid has cumulatively dropped by more than 50% over the past few days, weakening the appeal of AI concept trading and prompting Hayes to change his stance and exit WLD. Over the past month, WLD rose about 70% against the trend, but with the recent pullback, its one-month gain has narrowed to about 45%.
WLD-21.93%
SPCX-0.23%
HYPE-5.55%
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0xmlx
· 3h ago
Hayes calls for high-position liquidation to unload, causing Chinese people to once again become the bagholders.
View OriginalReply0
Feihong
· 3h ago
It's almost 29; you can buy the dip now, it's still early.
View OriginalReply0
AuntLuna
· 4h ago
Got chopped again by foreigners taking the profits.
View OriginalReply0

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