Robinhood Lists Worldcoin as WLD Price Drops 12% Amid Growing Concerns

Worldcoin (WLD) has come under heavy selling pressure, with its price plunging nearly 12% during early U.S. trading hours. Despite the sharp decline, the latest move by Robinhood suggests that confidence in the cryptocurrency’s long-term potential remains intact.

In a recent announcement on X, Robinhood confirmed that it has officially listed Worldcoin (WLD) on its crypto trading platform. The listing allows millions of Robinhood users to buy, sell, and trade the token, increasing its exposure to a broader investor base. Major exchange and brokerage listings often improve liquidity and market visibility, making the development a notable milestone for the project.

However, the Robinhood listing has done little to offset the current bearish sentiment surrounding WLD. Investors remain cautious as the token faces significant market challenges, including ongoing controversies linked to Worldcoin co-founder Sam Altman and the company’s Orb initiative.

Recent reports have intensified scrutiny of the project. Allegations highlighted by podcaster Katie Miller claim that internal investigations examined whether company executives approved substantial payments to a foreign entity. According to the report, those funds were allegedly used to influence the market performance of the Worldcoin token. These claims have contributed to uncertainty among traders and added pressure to the asset’s price.

At the time of writing, Worldcoin was trading around $0.5577 after its double-digit decline. The token has also remained in focus since BitMEX co-founder Arthur Hayes reportedly sold off his WLD holdings earlier this month.

Meanwhile, investors are closely watching an upcoming reduction in Worldcoin’s token unlock rate, scheduled to begin on July 24, 2026. Lower token emissions could reduce supply pressure and potentially support price growth over time. However, market participants appear more concerned about the project’s controversies than its tokenomics.

With Robinhood’s backing, ongoing debates surrounding Sam Altman, and a key supply adjustment on the horizon, Worldcoin remains one of the most closely watched cryptocurrencies in the market.