{"id":425670,"date":"2023-08-01T16:39:02","date_gmt":"2023-08-01T16:39:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=425670"},"modified":"2023-08-01T16:39:02","modified_gmt":"2023-08-01T16:39:02","slug":"worldcoin-wld-forecast-sees-potential-plummet-should-you-switch-your-focus-to-wall-street-memes-token","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/worldcoin-wld-forecast-sees-potential-plummet-should-you-switch-your-focus-to-wall-street-memes-token","title":{"rendered":"Worldcoin (WLD) Forecast Sees Potential Plummet; Should You Switch Your Focus to Wall Street Memes Token?"},"content":{"rendered":"

Worldcoin (WLD) holds the crypto community’s attention as it trends across multiple exchanges with a price increase of over<\/span> 1.08%<\/span><\/a> in the last 24 hours.<\/span><\/p>\n

The WLD token is bullish today, with a trading price of <\/span>$2.30<\/span> at 5:46 am EST. However, the price is 29.9% lower than its all-time high of $3.30 on July 24, increasing concerns of a potential downtrend. <\/span><\/p>\n

WorldCoin (WLD) Trends On Exchanges Despite Bumpy Price Movement<\/h2>\n

Since its exchange launch, Worldcoin has experienced a fair share of bulls and bears. Over the past seven days, the asset has shown a significant increase of 15.2% but has failed to come close to its ATH. <\/span><\/p>\n

Also, in the last 24 hours, the trading volume of WLD has decreased by 29.4%, suggesting a possible price fall. Analysts speculate the asset may likely be a pump-and-dump scheme. <\/span><\/p>\n

But even at that, Worldcoin (WLD) ranked second among the top trending coins on the Binance exchange with over a 9% seven-day increase and a 1.08% 24-hour price gain.<\/span><\/p>\n

Is WLD Dipping Today?<\/h3>\n

\"Worldcoin<\/p>\n

Despite WLD’s slight price increase in the last 24 hours, technical indicators suggest the token may face an additional price decline before the day ends. <\/span><\/p>\n

The chart above shows the asset is dropping to the Lower Bollinger Bands, indicating negative market sentiment and increased selling pressure.<\/span><\/p>\n

Its Relative Strength Index (RSI) is plunging from the neutral zone at 44.7, approaching the oversold region (below 30), a sign of decreased trading activity that could lead to lower prices for WLD. <\/span><\/p>\n

WLD’s Moving Average Convergence\/Divergence (MACD) is below the signal line with red histogram bars, confirming a bearish momentum on WLD as the bears press on. <\/span><\/p>\n

The bears have formed bearish candlesticks between the Bollinger Bands as they attempt to facilitate more downtrends. WLD may witness a steep price decline if the bears persist in the next few hours.<\/span><\/p>\n

Worldcoin Alternative Draws Attention<\/h2>\n

Wall Street Memes (WSM)<\/a> is undoubtedly making waves in the crypto world, boosting the portfolio of meme coins. The project challenges the capitalist narrative by offering a more inclusive financial landscape for all investors, regardless of their economic status. <\/span><\/p>\n

By embracing the power of humor, community drive, and widespread acceptance, the project has become a banner for small-time investors.<\/span><\/p>\n

The native token, $WSM, has garnered significant attention from investors as it raises over $19 million, an inch closer to the presale hard cap of $19.9 million. <\/span><\/p>\n

WSM Presales Shows Proof as Leading Meme Coin<\/h3>\n

The effect of optimistic forecasts and referral power has engineered the presale performance of this exciting meme coin. The asset is on a remarkable early success rally comparable to its predecessors. <\/span><\/p>\n