The Worldcoin (WLD) price has stabilized after a volatile debut on mainstream cryptocurrency exchanges. Despite rising nearly 6% to $2.35 on July 29, the token was down 70% from its market debut peak of $7.50. The remaining 100 million tokens have been loaned to market makers outside the U.S. until October 2023, which could be Worldcoin's strategy to keep the token attractive for potential users. As a newly launched token, WLD lacks enough trading history to conduct a long-term price analysis, but on a shorter-timeframe chart, the Worldcoin token appears to be fluctuating inside an ascending channel pattern.