Worldcoin (WLD) could experience a period of relative stability in its pricing, with investors meticulously evaluating the market’s future trajectory. Analysis from IOMAP data reveals a robust support base, which has played a critical role in minimizing any sharp declines in value.
Although the number of holders is still growing, almost 90% of them are now at profit. This scenario could lead investors to increase selling pressure or wait for the price to increase before selling.
Worldcoin Holders Are Still Growing Slowly
WLD has witnessed a significant uptick in its holder count, escalating from 11,006 to 17,450 between February 13 and March 13. This surge signifies a robust growth rate of 58.55% within a mere month, underscoring the increasing interest in WLD.
However, a noticeable deceleration in the rate at which the number of holders is increasing is worth noting. Specifically, from March 7 to March 13, the holder count only rose from 16,544 to 17,450, marking a more modest growth of 5.48%.
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Author: Tiago Amaral
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