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The Worldcoin price went ballistic, soaring 150% in the last week to trade for $6.6830 as of 12:25 a.m. EST time.
Over the last 24 hours, the price is up 25% with a trading volume surge of 22%, pointing to a renewed interest in the WLD token.
In an X post on Saturday, it revealed recording upwards of one million daily active users for its crypto wallet, christened “World App.”
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
Worldcoin is the brainchild of OpenAI CEO Sam Altman, and Alex Blania, coming to the scene to operate as a “privacy-preserving” digital identity verification project. Users get paid in the project’s native cryptocurrency, WLD, in exchange for scanning their irises.
The project’s hallmark is introducing worldwide Universal Basic Income. To this end, the project gives everyone a small amount of its native WLD token in exchange for verifying their identity. Nevertheless, this mission has suffered setbacks in several countries from governments opposing the project’s biometric identity system because of concerns over the data its gathering and privacy.
#WLD – $WLD – #Cryptocurency
Some critics branded WorldCoin’s data collection as a dystopian nightmare.
WLD Co halted its Indian operations till it could safely process surging demand.
Authorities in Kenya have banned the project altogether.
📉📈News & Market 😉 pic.twitter.com/EuWtgUzOYm
— Ebadian.eth (@Ebadian_eth) February 19, 2024
Nevertheless, the opposition did not prevent the surge in the Worldcoin price, with WLD now ranking among the top five coins increasing in price in the week between February 8 and 14, 2024. It stood alongside VeChain (VET) and The Graph (GRT), among others.
Top 5 coins increasing in price in the week of February 8 – 14, 2024 📈
#WLD
#GRT
#BGB
#VET
#SC
Coins available on CoinSavi: https://t.co/KT9we1ePYx
Source: CoinmarketcapFollow #CoinSavi to get market news #SavvyUpYourTrading #CoinSaviGainers #TradewithCoinSavi pic.twitter.com/UqYtqQikOC
— CoinSavi (@CoinSavi) February 19, 2024
Currently, the AI crypto coin features among Gate.io exchange’s list of top five best performers, where it stands alongside Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and the Heroes of Mavia (MAVIA).
🏆 https://t.co/ft2ouhXuVd Futures Top 5 Good Performance 🏆
📅 : 19th February 2024
1️⃣ $BTC: +3.07%
2️⃣ $ETH: +0.97%
3️⃣ $SOL: +3.49%
4️⃣ $MAVIA: +7.38%
5️⃣ $WLD: +14.44%#BTC #ETH #SOL #MAVIA #WLD pic.twitter.com/1S4qxsJcoN— Gate Futures (@GateioFutures) February 19, 2024
Worldcoin Price Prediction
The Worldcoin price is trading above the 78.6% Fibonacci level in a market range measured from $0.1590 to $6.9090. Based on the prevailing outlook, the odds favor the upside, with the technicals flashing bullish.
Despite the WLD token being massively overbought, seen with the Relative Strength Index (RSI) above 70, the inclination of this momentum indicator to the north shows that buying pressure is still rising. With this the Worldcoin price could continue pushing north.
In addition, the histogram bars of the Awesome Oscillator (AO) and the Moving Average Convergence Divergence (MACD) indicators are in positive territory, showing the bulls maintain a strong presence in the WLD market. The MACD is also moving above its signal line (orange band), which not only accentuates the bullish thesis but also hints at a possible new bullish cycle.
Enhanced buyer momentum could see the Worldcoin price clear the range high of $6.8790, to create a new local top above it. With this, traders with current open long positions for WLD should probably keep them open, while those looking to open new long positions should exercise caution as the Worldcoin price is at a high risk of a correction.
TradingView: WLD/USDT 3-day chart
Converse Case
On the other hand, if traders begin to cash in on the 150% gains made over the last seven days, the Worldcoin price could correct. Such a directional bias could send WLD below the 78.6% Fibonacci level at $5.4640, or lower, retracing the most critical Fibonacci level, 61.8% at $4.3300. For the bullish thesis to be invalidated, however, the WLD price must break and close below the 50% Fibonacci level at $3.5340. Such a move would constitute a 50% drop below current levels.
While WLD token holders continue to rake in massive profits, consider Scotty AI, a new presale that YouTube crypto analyst Jacob Bury says could 10X your investment
Promising Alternative To Worldcoin
Scotty AI is metaphorically a guardian of digital realms, only real in the cryptoverse arena. Staying current on AI, blockchain, and cryptocurrency advancements with his advanced AI system, Scotty boasts unmatched insight into the inner workings of blockchain technology.
He analyzes complex algorithms and code with ease, spotting patterns and anomalies that even the most skilled human programmers would miss.
With AI and Crypto Becoming Increasingly Involved, Investors Look to Scotty The AI (SCOTTY) For Future Gains
🚨join presale athttps://t.co/zRmy4g8hfWhttps://t.co/3LfNjV8NJz
— Scotty The Ai (@ScottyThe_Ai) February 13, 2024
Standing among the top upcoming cryptocurrencies, the project is in the fourth round of its public sale, where each Scotty AI token is selling for $0.0053. So far, presale sales have reached $479,290K as it races towards its $542,839K target.
Investors can buy the token using Ethereum (ETH), Tether (USDT), or bank cards. Do not miss the stage four price as it will only last for the next ten days.
🚨Stage 4 selling out fast!
Only $80k left.Stage 1 -3 closed out very early also.
⚠️ Price increases at stage 5 so don’t miss out here.
BUY $SCOTTY presale at https://t.co/zRmy4g8hfW#blockchains #memecoins #Binance #presale #Ethererum #cryptocurrency pic.twitter.com/XkVA1qg1mG
— Scotty The Ai (@ScottyThe_Ai) February 18, 2024
With the presale tokens selling fast, investors believe the AI crypto coin could break into the mainstream soon.
Can Scotty the AI (SCOTTY) Help Crypto-Based AI Technology Break into the Mainstream? Investors Think Sohttps://t.co/wPlPeXEyGI
— Scotty The Ai (@ScottyThe_Ai) February 18, 2024
The project also has a staking function. Scotty AI token rewards will be distributed to users at a rate of 82.5 $SCOTTY per ETH block. Rewards will be payable over 3 years and are determined by an individual staker’s share of the staking pool and annual returns percentage. Staking rewards are as high as 260% per year with over 48.9 million tokens already staked.
Scotty the Ai Token: Early Staking for High Yields | Token Pre-sale Details & Staking Processhttps://t.co/uSbD5vAFEA
— Scotty The Ai (@ScottyThe_Ai) February 18, 2024
Visit and buy Scotty the AI here.
Also Read:
- Scotty The AI (SCOTTY) – More Than Just a Meme: Uncovering the Layers of AI Innovation
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- How To Buy $SCOTTY in 2024 – Scotty the AI Presale Review
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