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The Worldcoin price has pumped by 52% in the last 24 hours to trade at $11.6 as of 7:35 p.m. EST.
The pump comes after the Worldcoin (WLD) team decided to delay the next grant program round until March 25, coinciding with the NVIDIA-backed GTC AI Conference 2024. According to @thiccyth0t on X, the move removes $150 million worth of new supply that was “priced in” by markets.
worldcoin postponed their next grant scheduled for two days from now by two weeks or on march 25
this will remove $150mm of new supply that was priced in by a majority market
I don't think the shorts realize this yet and are counting on the grant to bail them out pic.twitter.com/zosHlUHhGN
— thiccy (@thiccyth0t) March 9, 2024
Worldcoin Price Prediction: Is A Correction Coming?
Looking at the WLD charts, we notice an initial rise in the Worldcoin price before entering into a consolidation period as characterized by the ascending channel. However, amid the overbought conditions witnessed during the pump, Worldcoin is now headed to what seems like a correction as seen from the last series of red candle stick patterns. On top of this, the Worldcoin price is now headed for a crossover below the support level. Should bears push the price below this level, a massive correction could follow.
This is supported by the Average Directional Index, an indicator used in gauging trends, which currently holds a value of 24, indicating that the current bullish trend is losing strength. The MACD indicator is also moving in the red zone as its histograms increase in size also suggesting shifting momentum from bullish to bearish.
30-minute WLD/USDT chart | Source: TradingView
As The Worldcoin Price Risks A Correction, Is This AI Meme Coin The Next Pepe Coin?
Meanwhile, as the Worldcoin price faces the risk of a correction, Scotty the AI, an AI-powered meme coin, is going ballistic. It’s raised more than $4.1 million in the past week to stand just a whisker short of $6 million right now.
If ever a token’s presale looked like a new DOGE, PEPE, or SHIB, SCOTTY surely must be it. And imagine how much money was made by investors who bought such meme coin stars before they were launched!
The Next Great 100x Cryptocurrency
Scotty the AI (SCOTTY) also offers so much more than those meme coin legends. It incorporates cutting edge AI and blockchain technology into its framework with the aims of revolutionizing the crypto realm.
This new Ai coin is set to explode when it launches.
Check out YouTube video below👇
Buy Presale herehttps://t.co/zRmy4g8hfWhttps://t.co/I24oqlAk5G@ClayBro883 #memecoin#bitcoin #Ai pic.twitter.com/QsZvv7aBnI
— Scotty The Ai (@ScottyThe_Ai) February 25, 2024
Scotty Chat is a key component of Scotty the AI. It’s an intelligent chatbot that studies data, offers individualized recommendations, and delivers rapid market updates.
Scotty Swap is another AI feature that provides a secure platform for trading. With Scotty Swap, trading is safe, and convenient, and may help you maximize your earnings.
A digital newsletter named “Scotty Times” is also in the works for this project and there’s a forum for investors to chat, share ideas, and find out how to make money using cryptocurrency.
Stake SCOTTY for 39% Annual Returns
Scotty the AI token holders may also stake their tokens for passive income, with current estimates of yearly returns of 39%. Some 335 million tokens have already been staked.
Jacob Bury, a popular crypto YouTuber, says with funds being raised at such a rapid rate, the token is likely to be launched in two weeks or less.
SCOTTY tokens are priced at $0.01 currently with the next increase scheduled in a little more than nine days. The risk is that Scotty sells out quickly, so act now to secure your tokens if you are interested. It’s likely to be a wild ride!
To acquire SCOTTY tokens, go to the website and link your digital wallet to trade in ETH, USDT, BNB, or MATIC. Your bank card is another option.
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