Worldcoin (WLD) experienced a significant 14% drop in value within 24 hours, surpassing the broader cryptocurrency market's 9% decline. This downturn was primarily influenced by regulatory crackdowns in Colombia, the Philippines, and Thailand, where authorities have suspended WLD operations and demanded the deletion of biometric data collected by the platform. Additionally, the release of 37 million WLD tokens, valued at over $25 million, contributed to the increased selling pressure. Despite the current bearish trend, there are indications of a potential price reversal as Worldcoin approaches key liquidity levels above $0.63.