WLD/USD Live Chart
Market Capitalization of Worldcoin
As of today, Worldcoin (WLD) boasts a market capitalization of approximately $723.46 million. This figure highlights its significant presence in the cryptocurrency market. Predictions suggest that by 2030, WLD could soar to a maximum price of $205, while a conservative estimate places it around $67.16.
Historical Price Trend
Worldcoin’s price journey has been anything but dull. In July 2024, prices are projected to increase by 27.45%, reaching $3.723. Fast forward to 2035, estimates show a potential high of $308.54 with a minimum of $101.08. However, keep an eye on regulatory concerns, as they can impact these projections.
Trading Volume and Market Interest
The 24-hour trading volume currently stands at $150.16 million. Tracking this against historical averages is vital for gauging market interest and liquidity.
Key Factors Influencing Worldcoin Price
Several elements influence Worldcoin’s price:
- Increased Demand: As Worldcoin expands its applications, demand for WLD tokens may rise.
- User Adoption: Use cases in governance, voting, and DApps fuel user engagement.
- Regulatory News: Regulations can significantly sway Worldcoin’s market value.
For insights on navigating the future of cryptocurrency, check out this Polkadot (DOT) price prediction.
Developers and Influencers
Worldcoin is led by Sam Altman, the CEO of OpenAI. The project emphasizes a new form of identification, prioritizing human uniqueness.
Supply Details
- Total Supply: 10 billion WLD tokens
- Circulating Supply: Approximately 106 million WLD
Upcoming Events and Milestones
Keep an eye on Worldcoin’s announcements, partnerships, and project milestones, as they can impact the price of WLD.
Social Media Sentiment
Worldcoin’s social media score is 8,616, ranking 117 among all cryptocurrencies. Monitoring platforms like Twitter and Reddit can offer insights into current sentiment.
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Risks of Investing in WLD
Investing in cryptocurrencies like Worldcoin comes with risks:
- Volatility: WLD has experienced significant price swings.
- Regulatory Uncertainty: Changing regulations can impact adoption and value.
- Tokenomics: Consider token distribution and utility.
Performance Compared to Other Cryptocurrencies
Worldcoin’s performance is influenced by adoption, utility, and market sentiment. Comparing WLD with other tokens in the AI and blockchain space is crucial. For example, read more about Polygon (MATIC) price predictions.
Technical Indicators
Worldcoin’s technical analysis reveals a mixed outlook:
- RSI (Relative Strength Index): Near 27.74, indicating balance between buyers and sellers.
- MACD (Moving Average Convergence Divergence): Shows bearish momentum, hinting at potential downward movement.
Partnerships and Endorsements
Worldcoin has attracted attention due to its collaboration with Gala Games, a notable blockchain-based gaming platform. Stay tuned for further announcements, as they could shape the ecosystem’s future.
Recent News and Announcements
Worldcoin has been making headlines with significant developments:
- Partnership with Alchemy: Launch of World Chain, expanding into Europe.
- BlockDAG’s Success: Surpassed Litecoin and Worldcoin in the blockchain space.
- RariMe Launch: A new identity platform utilizing zero-knowledge proofs.
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Liquidity Comparison
Worldcoin’s liquidity hinges on trading volume and overall market interest. It’s essential to compare its liquidity with other assets.
Role within the Ecosystem
Worldcoin plays a pivotal role in governance, allowing WLD holders to participate in decisions about protocol upgrades and funding allocations.
Regulatory Considerations
Worldcoin has faced scrutiny over its unique identity verification methods, particularly its use of biometric data. Regulatory decisions will likely affect WLD’s adoption and value.
For further reading on price analyses, check out this SEI Price Analysis.
Common Criticisms and Concerns
Worldcoin has faced criticism for its eye-scanning process, with some likening it to dystopian practices. Privacy concerns regarding data collection and consent have been raised.
Market Interest Compared to Other Cryptocurrencies
Worldcoin’s price and volume surge following regulatory investigations in Kenya indicate strong investor interest. Monitoring sentiment and adoption trends is crucial.
Notable Whales and Their Impact
Large holders, or whales, have accumulated nearly $30 million worth of WLD, significantly influencing supply dynamics.
Projected Price Targets
- Short-term (2024): WLD could peak at $29 or drop to $7.50.
- Long-term (2030): Projections range from $205 to $67.16. Regulatory factors may impact these targets.
For additional forecasts in the altcoin space, see VeChain (VET) Price Prediction 2024-2030.
Conclusion
Worldcoin’s journey is one to watch closely, with its unique approach and robust ecosystem. Keep an eye on market trends and sentiment, as these will guide future price movements. For a look at other intriguing cryptocurrencies, explore Metis Coin Price Predictions.
