WikiBit 2026-04-07 09:13Worldcoin price is grinding just above an all-time low, and the WLD token has failed to stage any meaningful recovery despite Nasdaq-listed Eightco
Eightco Holdings, a Nasdaq-listed firm, disclosed on April 2 that it holds 277 million WLD tokens worth approximately $326 million, describing itself as “the largest public market participant in the Worldcoin ecosystem.” Despite the scale of that institutional position, WLD has produced no sustained upside response, reflecting the depth of selling pressure the market is still absorbing.
Key Levels: $0.245 ATL Breaks First, Then $0.20
The all-time low at $0.2455 is the critical immediate support. A daily close below that level would confirm a new historic low for WLD and open a path toward the $0.20 psychological level, which aligns with the projected lower boundary of the descending channel in the weeks ahead. The $0.20 level carries no prior support, as it would represent territory WLD has never closed at on a daily basis.
On the upside, reclaiming the Supertrend at $0.3097 is the minimum threshold for any credible recovery attempt. Above that, the upper channel boundary near $0.4052 is the next meaningful resistance zone. The bullish thesis is fully invalidated on a daily close below $0.20.
Exchange Inflows Signal Continued Selling Pressure
Data from Nansen shows the total balance of WLD tokens held across centralised exchanges rose over 25% to approximately $742 million in the week ending March 27, as the Worldcoin team moved around $26 million in WLD to exchange wallets. Elevated exchange balances signal increased near-term selling risk, as tokens held on exchanges are more readily available for disposal. Until that dynamic reverses, the supply overhang on WLD is unlikely to ease meaningfully.
A confirmed break below $0.2455 would represent a structural deterioration, with $0.20 as the logical next downside target if the all-time low floor fails to hold.
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