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The Worldcoin cryptocurrency has surged since the start of February, skyrocketing by 183% over the past week to reach an all-time high of $8.82.
This remarkable performance has drawn significant attention to the crypto market’s rapid growth in AI-related tokens, with Worldcoin leading the charge. The bullish trend has translated into substantial profits for investors and sparked considerable interest among enthusiasts.
Under the visionary leadership of tech luminary Sam Altman, Worldcoin distinguishes itself through its innovative fusion of AI and blockchain technology, earning the trust of numerous investors.
Moreover, the recent milestone achievement of the World App wallet, surpassing a million users last week, further underscores Worldcoin’s expanding influence. The narrative surrounding AI in cryptocurrency is gaining momentum, supported by Worldcoin’s performance and the rapid expansion of its user base.
$WLD Crypto Price Prediction
Worldcoin’s impressive market performance has recently caught the attention of crypto observers, with its success attributed to the rising value of AI-related tokens. Furthermore, Worldcoin’s recent achievements are linked to the substantial assets acquired by 3AC Liquidator, now valued at over $900 million.
Over the last 30 days, Worldcoin has experienced significant growth, surging by approximately 267%. Additionally, its price has seen another increase of 35% in the last 24 hours, reaching an average of $8.61 at the time of writing. The 24-hour trading volume has also risen by 82% to reach $1.2 billion.
Worldcoin’s 14-day RSI stands at 79.37, indicating that $WLD is currently undervalued. The RSI has surpassed the upper threshold for the first time in several months, suggesting a sustained upward trend in price. Check out our article for more in-depth analysis and insights into $WLD token price prediction.
Through an analytical framework that evaluates price patterns and market sentiment, experts predict a continuation of its upward trajectory. Observations suggest that Worldcoin is currently in its third ascending wave out of five.
Following a parabolic recovery, the price is expected to remain elevated, presenting a bullish outlook for $WLD. Identified support levels for Worldcoin are at $6.47, $5.81, and $5.47, while resistance levels are observed at $7.48, $7.81, and $8.48.
View the detailed price prediction analysis of Worldcoin in the video provided above and subscribe to Jacob Crypto Bury’s YouTube channel for more valuable crypto-related content. Additionally, Jacob runs a Discord community with 21,000 members, where users receive trading tips and gain insights into upcoming crypto presales.
Worldcoin Building a Global Network for Identity and Financial Inclusion
Worldcoin’s objective is to establish the world’s most extensive identity and financial network, aiming for widespread adoption on a global scale, reaching billions of people. Unlike many other cryptocurrency projects, the majority of $WLD tokens will be distributed to individuals simply for their human status.
Through the use of World ID, individuals will have the ability to verify their unique human identity to any platform that integrates with the protocol, including web3 systems, social networking sites, and governmental programs.
This will facilitate equitable airdrops or token/NFT sales, offer protection against bots/sybil attacks on social media, and promote fairer distribution of limited governmental resources.
World App, the first wallet built for the Worldcoin project, passed 1M daily users this week. This community is incredible 🫡 pic.twitter.com/Mf6Y51gscQ
— Worldcoin (@worldcoin) February 17, 2024
Additionally, World ID can enable global democratic processes and innovative forms of governance, such as quadratic voting, and it may eventually pave the way for AI-funded Universal Basic Income (UBI).
During the pre-launch phase, spanning from May 2021 to July 2023, over two million people from more than 30 countries across five continents underwent verification with an Orb. With its launch, Worldcoin is initiating the deployment of 1,500 Orbs across 35+ cities in 20+ countries to meet the global demand for World ID.
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