Worldcoin has been added to Robinhood’s trading platform, despite the token’s price falling nearly 12% in recent trading. The listing, announced on June 23, brings Worldcoin to a broader retail investor base, but has so far failed to boost the token’s price. At the time of writing, Worldcoin was trading around $0.53, down almost 15% over the past 24 hours.
## Market Sentiment
The listing arrives during a difficult period for the project, with allegations involving co-founder Sam Altman and entities connected to the Worldcoin ecosystem weighing on sentiment.
A report highlighted payments allegedly approved by company leadership to a foreign entity, intended to influence the market performance of the WLD token.
The allegations have added to concerns over the project's biometric identity verification system and token distribution model.
Earlier this month, Worldcoin drew attention after BitMEX co-founder Arthur Hayes disclosed that he had sold his WLD holdings, adding to concerns among traders.
## Token Issuance Schedule
Worldcoin is preparing for a change in its token issuance schedule, with a planned reduction in its token unlock rate beginning on July 24, 2026.
Lower unlock rates typically slow the pace at which new tokens enter circulation and can reduce selling pressure from newly released supply.
However, recent trading suggests investors remain more focused on the controversy surrounding the project than on upcoming tokenomics changes.
Technical indicators suggest traders are becoming increasingly cautious, with the relative strength index falling sharply from recent highs.
## Technical Outlook
A sustained move below $0.53 could open the door for a deeper retracement toward $0.48 and potentially $0.42, whereas a recovery above $0.62 would be needed to ease immediate downside pressure.Based on reporting from crypto.news.
