Cryptocurrency

World Foundation Sells $65M, WLD Plummets to New Lows, Crypto Market Concerns Rise

By Bullbit Editorial · March 29, 2026

WhatWorld Foundation offloaded $65M worth of WLD tokens, causing a significant price drop.
WhyThe massive token unlock scheduled for late July may exacerbate the situation, fueling market concerns.
SignalThe recent raid on an iris-scanning site tied to Sam Altman's World project raises red flags about the project's legitimacy.
TargetBitcoin ETFs have seen a surge of $56B in investments, with the CEO pitching crypto as a viable alternative to gold.
RiskThe World Foundation's actions and the project's associated risks may deter investors, potentially leading to further market volatility.