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Worldcoin drops 8.7% on Upbit despite extreme greed signal, showing high volatility and profit-taking.

Market News
05 Jun 2026
Tokenpost
View Source
Bearish
pluang ai news

Worldcoin (WLD) fell 8.7% on Upbit, trading between 717 and 835 won amid an extreme greed sentiment signal, indicating high short-term volatility and profit-taking. Despite its long-term goal of expanding financial access, WLD is currently behaving like a high-beta momentum asset, with heavy trading volume and sharp price swings. Market watchers are focused on whether WLD can hold support at 717 won or reclaim the 800 won level, as a break below could trigger further selling. This movement occurs in a broader risk-off environment where major cryptocurrencies also declined, highlighting ongoing liquidity-driven speculation in Korean markets.

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