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The Worldcoin price surged over 12% in the last 24 hours to trade at $2.90 as of 5:43 a.m. EST as traders go long on the Sam Altman-backed crypto.
Following the strong 24-hour performance, the WLD price has boosted its weekly gain to over 28%.
Worldcoin Price Trying To Establish A Solid Technical Foundation
4-hour chart for WLD/USD (Source: GeckoTerminal)
The Worldcoin price is trying to establish a position above the $2.7969 mark after it broke above the technical barrier in the last 24 hours. Should the crypto maintain a position above this level for the next 12 hours, it could enter into another leg up and continue to rise in an ascending channel that has emerged on its chart. Traders might then push WLD up to $3.0040.
In an alternative case, the Worldcoin price could end up falling back below the $2.7969 mark. Dropping below this level might then expose the crypto to the risk of testing the subsequent support at $2.5734. Continued sell pressure if the Worldcoin price drops to $2.5734 could then lead to the altcoin plunging all the way down to $2.3717.
Technicals Suggest The Worldcoin Price Might Keep Rising
From a technical perspective, indicators on WLD’s 4-hour chart suggest momentum still favors bulls. Short-term Exponential Moving Averages (EMAs) are aligned bullishly. More specifically, the 9 EMA is positioned above the longer 20 EMA line. What’s more, the growing gap between the two indicators could be a sign of WLD’s positive momentum picking up steam.
The Moving Average Convergence Divergence (MACD) line is also positioned above the MACD Signal line. Traders usually see this specific orientation of the MACD lines as an indication that a crypto is in a positive trend.
As the Worldcoin price tries to keep its bullish momentum alive, the presale for a new meme coin called Flockerz (FLOCK) is fast-approaching the $4 million mark.
A New Meme Coin Project With A True Community Focus
Many meme coin projects claim to be community-orientated, but this often turns out not to be the case. This is where Flockerz (FLOCK) shines, because it gives all of its holders a say in the future direction of the project. It even rewards community members for taking part in all of the project’s governance votes.
Each FLOCK holder will have their voice heard in important governance decisions that take place within the meme coin’s decentralized autonomous organization (DAO) called Flocktopia. By placing their votes, FLOCK holders will be rewarded with additional FLOCK tokens.
With the new FLOCK tokens in hand, holders can then grow their bags even more through the lucrative staking opportunity on offer. Anyone who stakes FLOCK now will unlock access to a competitive 618% Annual Percentage Yield (APY).
With its pioneering vote-to-earn mechanism and community focus, it’s no wonder an analyst from the 99Bitcoins YouTube channel, which has over 706K subscribers, predicted FLOCK could soar 100X after its launch.
Investors Rush To Buy FLOCK At Presale Prices
Flockerz has already raised more than $3.7 million through its presale, signaling strong investor confidence in the project’s future.
Anyone that wants to get in on the ground stage of the community-centric meme coin can acquire the crypto through the buy widget embedded on the project’s website. Selling for $0.006175, FLOCK can be bought with either BNB, ETH, USDT or bank card.
POV: You're bringing your friends to their first vote! 🐦📈💙 pic.twitter.com/YeXXVfPqst
— Flockerz (@FlockerzToken) November 28, 2024
Investors who want to lock in the best rate will want to act fast because FLOCK’s price is scheduled to increase with each subsequent stage of its ICO. The next price adjustment will happen in less than 44 hours.
Once purchased, the FLOCK tokens can then also be staked for the 618% APY.
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