Worldcoin Dives 3.6% Amid Supply Event and Risk-Off Market

Worldcoin's (WLD) price dropped by approximately 3.6% over the last 11 hours due to three interconnected factors.

The first factor was a supply event, where around 46-49M WLD tokens were scheduled for release to the community on September 15, 2026. This increased circulating supply and triggered pre-emptive selling, which contributed to the price drop.

The broader crypto market also sold off ahead of two significant events: a key US Senate cloture vote on the Digital Asset Market Clarity Act (the 'CLARITY Act') and a Federal Reserve rate decision expected to deliver another 25 bps hike. Bitcoin (BTC) was already trading down, attributed to the CLARITY Act vote and the Fed decision.

Worldcoin's own chart structure also played a role in its price drop. It has been in a prolonged downtrend, down about 96% from its prior all-time high, and is now trading in a 'deep discount zone' around $0.37. A technical analyst highlighted that WLD's 4-hour chart continues to make lower lows after a rejection near $0.505.