In a move that screams âWeâre either geniuses or sleep-deprived gamblers,â Multicoin Capital just bought 60 million Worldcoin (WLD) tokens. Because nothing says âconfidenceâ like buying a sinking shipâs life preserver. đ
Yes, while retail investors flee faster than a vegan at a BBQ, WLDâs price has plunged 21% this month. But Multicoin? Theyâre doubling down. âWhy not?â said no rational investor ever. đ
Multicoin: The Dr. Frankenstein of Crypto Investing đĽ
Multicoin Capital, the crypto wizards whoâve seen every whitepaper since 2017, just made a deal so shady itâd make a Wall Street wolf blush. Blockchain sleuths at Lookonchain spotted their wallet (0xf0007b56607BB268efFe4126655f077F8cf42696) playing hot potato with 30 million USDC and 60 million WLD. Spoiler: Itâs an OTC deal, not a ânormalâ purchase. Because why use Amazon when you can shop at the Black Market? đľď¸âď¸
The transaction timing? Perfect. Like buying sunscreen when it starts raining. On-chain data shows retail interest in Worldcoin is drier than a Las Vegas wedding. New wallet signups? Down since September. Retail investors: âNo thanks, Iâd rather lose money at a casino.â đ°
Google Trends isnât kind either. Searches for âWorldcoinâ dropped from 100 to 6-lower than the IQ of a crypto Twitter bot. Remember when Upbitâs listing made WLD skyrocket? Yeah, that high lasted shorter than a TikTok trend. đ
Price-wise? Itâs a dumpster fire in a drought. WLD lost 21% this month. At press time, itâs clinging to $0.49614 like a bad perm. But hey, itâs up 2.57% today! Blame the âaltcoin seasonâ hype. Or maybe the moonâs in Aquarius. đ
And just when you thought Worldcoin couldnât get more drama, Thai authorities said, âGet out of our country, you creepy iris-scanning circus.â They forced the project to delete data from 1 million people. Because nothing says âtrust usâ like a robot scanning your eyeball. đ¨
âThis collaboration will enhance law enforcement,â declared SEC Deputy Secretary-General Jomkwan Kongsakul. Translation: âWeâre terrified of your crypto circus.â đ¤Ą
Thailandâs just the start. Kenya and Indonesia also kicked Worldcoin out like an unwanted Airbnb guest. Next stop? Regulatory hell. đŞ
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2025-12-25 09:42