Worldcoin (WLD) has captured the spotlight in the cryptocurrency market, boasting impressive gains of over 44% in the past week. This bullish trend has piqued the interest of investors, spurred by recent market optimism and exciting discussions surrounding exchange-traded funds (ETFs).
As the momentum builds, the pressing question remains: will Worldcoin’s rally sustain its upward trajectory, or is a reversal on the horizon? Coin Edition aims to uncover the potential future of WLD and what it means for your investment strategy in this in-depth price prediction.
What is Worldcoin (WLD)?
Worldcoin is an open-source protocol driven by a global network of developers, individuals, and technologists dedicated to enhancing global economic participation. The Worldcoin Foundation oversees this mission, nurturing the community until it achieves self-sufficiency.
Tools for Humanity was pivotal in launching Worldcoin and now advises the Foundation while managing the World App. Notably, Worldcoin (WLD) is set to alter how we understand identity and economic participation in the AI era.
By leveraging biometric data through its Orb device, Worldcoin offers a secure, private method of verifying identity, ensuring inclusive access to the digital economy. Since its launch on July 24, 2023, WLD’s circulating supply has surged from 100 million to 277 million, driven by over 800,000 verified users.
Over ten million people globally have engaged with the Orb device, underscoring Worldcoin’s focus on equitable wealth distribution via cryptocurrency. The project’s ambitious goal to raise $100 million, with a $3 billion valuation and enhanced GDPR-compliant data privacy, highlights its modernized edge in digital identity.
Worldcoin (WLD) Current Market Status
Worldcoin (WLD) has captured the spotlight with its impressive ascent, stirring excitement in the crypto world. In the past 24 hours, WLD has leaped by 4.55% to $2.88, positioning itself among the top-performing cryptocurrencies.
This surge is mirrored in the trading volume, which has climbed 4.55% to $749 million. The heightened activity underscores growing trader interest and confidence in Worldcoin. Adding to the bullish outlook, WLD’s market cap has significantly jumped 4.50%, now at $800 million.
This surge elevates Worldcoin to the 88th spot in market cap rankings, reinforcing its growing prominence. Moreover, WLD’s price has risen by 4.38% in the past month, indicating that it could become a reliable asset if this positive trend persists. All these factors point to a robust upward trend for WLD.
Worldcoin (WLD) Price Analysis
WLD’s price trajectory has caught traders’ attention. The token has been in a broader bearish trend that started on March 10. However, WLD is rebounding from its recent lows, indicating a potential recovery. In this article segment, Coin Edition examines the token’s potential.
Worldcoin (WLD) Price Analysis – Bollinger Bands
WLD’s Bollinger Bands have been widening for some time, hinting at increased price volatility. However, Coin Edition highlights that WLD is trading near the upper Bollinger Band at $2.8656, potentially signaling an overbought condition and a looming correction.
If this happens, WLD prices could stabilize around $2.1796, offering a support level.
Worldcoin (WLD) Price Analysis – Relative Strength Index
The daily chart’s RSI, now at 59.91, indicates robust bullish momentum above the neutral line. This suggests room for further gains before hitting overbought territory, implying that buying pressure might persist in the short term.
Coin Edition predicts a breakout above the $3.25 zone could occur if overbought levels are reached.
Worldcoin (WLD) Price Analysis – Moving Average Convergence Divergence
The MACD indicator showcases a robust positive trend for WLD, with the MACD line approaching zero and widening green bars on the histogram.
This signals growing market strength, setting the stage for intriguing developments ahead.
Worldcoin (WLD) Price Prediction 2024
On the daily timeframe, the Awesome Oscillator for the WLD token shows increasing bullish momentum, with green bars edging toward the zero line. This signals that buyers are gaining strength, indicating a potential rise in price shortly.
Additionally, Fibonacci retracement levels suggest a surge toward the $3.61 mark, aligning with the 38.2% Fib level, which may serve as initial resistance. Further, Coin Edition anticipates that surpassing this barrier could propel WLD to $4.52, corresponding with the 50% Fib level last touched on June 8.
Worldcoin (WLD) Price Prediction – Resistance and Support Levels
The WLD/USD 1-day chart reveals strong support at $1.73, setting the stage for a significant rally. WLD’s price surged with this foundation, eyeing the immediate hurdle at $3.49.
Breaking this resistance could propel WLD to new heights, targeting the next significant level at $6.51. However, if the $3.49 resistance stands firm, a retest of the $1.73 support might be imminent.
Worldcoin (WLD) Price Prediction 2025
Moving into 2025, the crypto market could benefit from increased institutional interest and mature regulation regarding ETFs. These developments will likely drive positive sentiment, pushing WLD to a high of $15.
Worldcoin (WLD) Price Prediction 2026
In 2026, the market might experience a correction phase as it stabilizes following the impacts of the Bitcoin halving and ETF developments. This temporary dip could reflect a cooling of investor sentiment. However, in the latter part of the year, the market could recover with renewed interest in crypto innovations and applications, driving WLD’s price to an estimated range of $29.
Worldcoin (WLD) Price Prediction 2027
By 2027, the market may experience a mid-cycle correction, leading to a temporary price dip. However, the latter half of the year could see a recovery phase fueled by optimism about future halvings and ongoing institutional investments. This recovery could stabilize WLD’s price from $25 to $40.
Worldcoin (WLD) Price Prediction 2028
Anticipating the next Bitcoin halving early in 2028 could generate bullish sentiment. As the halving approaches, market optimism might increase significantly, leading to notable price gains for WLD. By the end of the year, WLD’s estimated price range could reach $65.
Worldcoin (WLD) Price Prediction 2029
2029 could witness post-halving effects, resulting in increased volatility but an upward trend. Continued adoption and technological advancements could stabilize prices at higher levels, with WLD’s price potentially hitting a high of $80 by year-end.
Worldcoin (WLD) Price Prediction 2030
2030, the market might undergo another correction phase as part of its natural cycle. Nevertheless, overall sentiment is expected to remain bullish due to growing adoption and technological progress. As the market recovers later in the year, WLD’s price could stabilize and rise again, with an estimated low of $70 and a peak of $100.
Worldcoin (WLD) Price Prediction 2040
Looking ahead to 2040, the crypto market is anticipated to be vastly different, characterized by significant institutional and retail adoption. A more mature regulatory environment will likely contribute to market stability. As a result, WLD’s estimated price range could be between $200 and $500.
FAQs
Worldcoin is an open-source protocol that aims to enhance global economic participation through a network of developers, individuals, and technologists. It uses biometric data to verify identity, ensuring inclusive access to the digital economy.
To buy Worldcoin (WLD), visit cryptocurrency exchanges like Binance. Create an account, deposit funds, and execute your buy order.
Worldcoin (WLD) could be a promising investment. Its potential growth is driven by market cycles and adoption, and it could possibly reach significant price milestones by 2030.
Worldcoin (WLD) reached its all-time high of $11.82 on March 10, 2024.
Worldcoin (WLD) is predicted to exceed $5 by this year.
As of the latest data, the circulating supply of Worldcoin (WLD) is approximately 278,025,070 WLD.
Our analysis suggests that Worldcoin (WLD) could continue to rise, surpassing ATH by 2025.
The lowest price of Worldcoin (WLD) was approximately $0.9758, reached on September 13, 2023.
Sam Altman is the CEO of OpenAI and the founder of Worldcoin (WLD).
WLD was launched on July 24, 2023.
To store Worldcoin (WLD), you can use a non-custodial or self-custodial wallet, which gives you full control over your private keys. You can choose from various types of wallets, including hardware wallets, Web3 wallets, or even paper wallets.
The price of WLD is forecast to reach $6.51 by 2024.
WLD is likely to reach a maximum value of $15 by 2025.
By 2026, WLD’s valuation might ascend to a peak of $29
Looking ahead to 2027, WLD is expected to achieve a maximum valuation of up to $40.
Our analysis projects that in 2028, the price of WLD could reach a maximum of $65.
Forecasts indicate that by 2029, WLD could have a maximum price of $80.
Looking towards 2030, our analysis suggests the maximum value of the WLD token ascends to $100.
Coin Edition Analysis indicates that by 2040, WLD could have a minimum price of $200.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.