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Worldcoin's WLD token jumps over 100% amid layoffs and regulatory challenges

Technical Signals
09 Jun 2026
Benzinga
View Source
Bullish
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Tools for Humanity, the company behind Worldcoin's WLD token, announced layoffs as part of a strategic reset despite the token surging over 100% in a month. The startup faces regulatory fines in South Korea and Brazil, complicating its revenue generation from iris-scanning technology. WLD is seen as a proxy for OpenAI's IPO, maintaining strong momentum and breaking a six-month accumulation phase. The token's price recently broke key resistance levels, signaling potential further gains if it holds above support levels.

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