Worldcoin
Worldcoin (WLD) : When is the right time to buy?This analysis is in no way a buy or sell offer.
Rather, it is only a prediction of the price movement for a market with moderate sentiment.
If the price of #Bitcoin ( CRYPTOCAP:BTC ) as an index of crypto market wants to go down,
the price of MIL:WLD can also reach lower levels like 2.5$ .
The most important drawback of this currency is the issue of inflation.
On average, more than one million tokens are added to the circulating supply every day.
Of course, this inflation is covered by topics such as staking.
The price has corrected about 65% from its ceiling,
which can be considered as local low.
From the specified low, the price can grow up to around 7.5 $ .
Considering the strong foundation of this currency as well as its market makers and holders,
we can expect good growth from this currency.
Of course, it should be noted that this currency has grown significantly in this cycle.
I'd be happy to hear your thoughts on this analysis.
Worldcoin Launches SMPC Erasing Iris Codes: WLD Price Surges 6%Worldcoin's ( MIL:WLD ) price surged by 6% following the introduction of a state-of-the-art Secure Multi-Party Computation (SMPC) system, developed in collaboration with TACEO. This technology ensures enhanced privacy and security for users' biometric data. The Worldcoin Foundation and TACEO have made significant strides in biometric template protection, leveraging advanced cryptographic research and implementation. The system for encrypting iris codes involves dividing each code into multiple secret shares, which are then distributed among various parties. This method enhances the security of biometric data and upholds user privacy. The entire process and technical details have been made open source and accessible in a GitHub repository, promoting transparency and innovation within the community.
Worldcoin ( MIL:WLD ) has achieved a new benchmark in privacy protection for biometric data through its latest SMPC system. The successful migration of iris codes to this advanced system has allowed Worldcoin ( MIL:WLD ) to securely delete its previous uniqueness-checking system, including all old iris codes. This transition underscores the platform's dedication to privacy and user data security.
The market has shown a positive response, with the price of Worldcoin ( MIL:WLD ) rising to $5.62, reflecting a 5.8% increase within the last hour. With a circulating supply of 210 million MIL:WLD , Worldcoin's market cap now stands at $1.07 Billion which is poised for further gains.
WLDUSDT(Worldcoin) Daily tf Range Updated till 07-05-24WLDUSDT(Worldcoin) Daily timeframe range. stuck between 6.465-4.390 range level for a while now. trying to get over 6.465 but need more retail interest for that. recent retrace point is at 4.390.if it can stay over 4.390 it will keep trying to push 6.465.
Worldcoin Up 23% As Trading Volume SkyrocketsWorldcoin ( MIL:WLD ) has surged by 23.6% in the past 24 hours, reaching $6.50 for the first time in three weeks. The asset's market cap is currently at $1.32 billion, making it the 70th-largest digital currency. The daily trading volume of Worldcoin ( MIL:WLD ) recorded a 109% rally, reaching $520 million. The total open interest of Worldcoin ( MIL:WLD ) increased by 21.5%, rising from $131.9 million to $160.3 million.
Higher price volatility is expected due to whale activity and potential liquidations. The total MIL:WLD funding rate aggregated from all exchanges dropped from 0.008% to 0.001% in the past 24 hours, indicating increased open interest primarily from augmented short positions. The number of traders betting on a MIL:WLD price fall has increased with the asset's price rally.
The Worldcoin ( MIL:WLD ) exchange inflow is currently at 454,380 MIL:WLD , while the exchange outflow is at 542,360 MIL:WLD , recording a net outflow of 87,980 coins in 24 hours. On-chain movements indicate that some investors are accumulating Worldcoin ( MIL:WLD ) despite bearish expectations. The MIL:WLD Relative Strength Index (RSI) rose from 40 to 61.38 over the past 24 hours, suggesting a slightly overbought asset.
The daily price chart of Worldcoin ( MIL:WLD ) depicts a Bullish "Symmetrical Triangle" which suggest continuation of the current trend in the near term.
Worldcoin WLD price is hard to rise, - then need to fall?Looking at the #WLDUSDT chart, we can assume that after the hype that was at the beginning of the year, interest in the MIL:WLD coin has now waned, if not disappeared.
🤷 After a sharp drop, buyers had a chance to restore the price of #Worldcoin to at least $7, but today sellers took the initiative and are drawing a daily candle that is clearly not for continued growth.
💚 At best, the target lower $4.60 is a strong mirror level, where buyers have to show strength that they won't let #WLDUSD go any lower.
❤️🩹 In the worst case, it's $3.40 for MIL:WLD
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WLD/USDT Is on the support area, possible to bouncing and upward💎 Paradisers, #WLD is indeed garnering attention as a coin worthy of close observation.
💎 Currently, it has retraced to a key support area after successfully breaching the descending resistance, only to face rejection at the resistance level of $6.4 - $5.9.
💎 For WLD to regain bullish momentum, it must bounce decisively from this support level and attempt to break above the resistance zone.
💎 A successful breakout would confirm a return to bullish sentiment, signaling further upward movement with potential targets set around our supply zone area.
💎 However, if WLD fails to find support at this level and instead breaks below it, the price could descend further to the next significant level, possibly around the demand area at $3.23. This scenario might involve a quick price drop, potentially triggering liquidations, before the price attempts to reclaim ground above the support area, should the upward trajectory still be desired.
💎 The bullish scenario would be invalidated if WLD also breaks below the demand area on the lower timeframes. Such a move would confirm sustained downward pressure, likely resulting in further significant dips.
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Accumulation zone📊Analysis by AhmadArz:
Pay more attention to the pivot points because it is an accumulation zone.
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Worldcoin ($WLD) Set To Launch World Chain As L2 on EthereumWorldcoin ( MIL:WLD ), a global digital identity and cryptocurrency initiative, has announced the launch of its Layer-2 blockchain, World Chain. The tool is designed to improve the efficiency and scalability of the Worldcoin ecosystem, as it continues to expand and onboard new users. World Chain will be secured by the Ethereum network and will work closely with the Worldcoin ( MIL:WLD ) ecosystem to increase capacity, improve transaction speed, and reduce costs.
Tools for Humanity, the core developer behind the Worldcoin ( MIL:WLD ) project, has disclosed that World Chain will enforce a Proof of Personhood verification system to ensure that only verified humans can access priority block space over bots and some free gas. This verification system assigns World IDs to individuals who have proven their human status through an iris scan called Orb verification. Users who sign up for this service are rewarded with cryptocurrency in the form of WLD tokens.
Worldcoin's ( MIL:WLD ) regulatory compliance has been under scrutiny, and to address this issue, the company has implemented additional privacy features, such as Personal Custody and the Unverify World ID option. These features leverage zero-knowledge proofs (ZKPs) to protect users' personal information while maintaining the integrity of the network.
The World Chain blockchain will empower developers to reach millions of real users worldwide with applications that focus on everyday life utility. The development team is working to officially release the tool this summer.
Technical Outlook
Despite the positive development of the worldcoin ( MIL:WLD ) ecosystem, the MIL:WLD coin tanked 6% in Wednesday's trading with a weak Relative Strength Index (RSI) of 34.21. Amidst all that, Worldcoin ( MIL:WLD ) has thrived through storms from the ban of its Iris scan in Kenya to the turbulent waters of the bear market, but MIL:WLD has remain resilient despite all that proved to be a gem to horde in your bag
WLD/USDT Break the bullish flag, Bullish continuation for WLD!💎 WLD has recently encountered notable market dynamics. After breaking out of the bullish flag pattern, WLD is currently in a retesting phase.
💎 There's potential for the price to resume its upward movement, targeting the resistance area around $9.45. However, for this continuation to occur, WLD must successfully breach the resistance level.
💎 In the event of another failure to break the resistance, there's a possibility of price rejection, leading to a retracement towards the support trendline. Should the support trendline fail to hold, the next significant support area lies around $7.4.
💎 The demand area holds critical importance, as a failure to bounce from this level could signal further downside potential. A breakdown below the support level would confirm a return to bearish sentiment for WLD. Monitoring price action around these key levels will be essential for assessing WLD's future trajectory.
Worldcoin (WLDUSDT) at $11.00 Resistance BreakoutWorldcoin (WLDUSDT) is currently facing resistance at $10.50. A breakout above this level could see the price surge to new all-time highs of $18 to $22 or even higher.
On the downside, immediate support lies at $8.00, with a key support level at $5.30. Traders should closely monitor the price action around these levels to determine the coin's next move.
WLD/USDT Breakout Alert | 👀🚀WLD Ready to Rally? 💎Heads up, Paradisers! #WLDUSDT is on the verge of a bullish pivot, anchored at the critical support level of $7.14.
💎If MIL:WLD can maintain its stance at this threshold, there's a strong chance for a bullish surge, underscored by the price's historical adherence to this support on three occasions, underscoring its reliability.
💎However, if the upward journey of #Worldcoin begins to falter and dips below $7.14, we'll then set our sights on a lower demand zone at $5.56. With substantial liquidity awaiting at this level, we anticipate a necessary drop to this more probable level for a rebound.
💎Vigilance remains crucial: a breach beyond this subsequent support could suggest a deeper bearish trend as market sentiments lean toward a sell-off. Stay on high alert, traders, as we navigate the shifting tides of the #WLD market.
Can WLD Break Resistance as Technicals Send Mixed Signals?A closer inspection of moving averages reveals a nuanced story. The 9 Exponential Moving Average (EMA) trajectory, progressing from $9.763 to $9.865, indicates a gentle upward momentum, aligning closely with recent price actions. This near-term bullish signal is further complemented by the 20 EMA, which has steadily risen from $9.490 to $9.641, underscoring a broader consensus of bullish sentiment in the market.
However, the Moving Average Convergence Divergence (MACD) presents a contrasting narrative. Despite the MACD line moving in the vicinity of the signal line, it has remained below it in recent sessions, signaling a bearish divergence with a negative histogram. This suggests that while the momentum has been upward, caution is warranted as potential reversal signs emerge.
The Relative Strength Index (RSI), oscillating between 55.17 and 58.85, stays in the neutral territory, hinting at neither overbought nor oversold conditions. This gives room for the asset to either continue its current trend or reverse, depending on market dynamics and external factors influencing trader sentiment.
The Worldcoin price currently faces a critical resistance level at $10.094, with further barriers at $11.692 and a more immediate support at $9.294. A decisive breakout above this resistance could signal a stronger bullish momentum, aiming for higher targets. Conversely, failing to breach this level might see the pair seeking support at $8.04 and, in a more bearish scenario, at $7.798.
Given the mixed signals from technical indicators, traders might consider long positions on a successful breakout above $10.094, with stop-loss orders placed just below the immediate support level to mitigate potential losses. For those eyeing short opportunities, a rejection at the current resistance level or a breakdown below support could serve as an entry point, with targets set near the subsequent support levels.
Worldcoin WLDUSDT can the price go to 500000 USD?Hello friends, after a long time I'm just warning that I'm putting money here in project of Sam Altman
I feel that trust in BTC is already broken.
Maybe I'm wrong, I recommend you find out more about the project
Potential Applications
Worldcoin could significantly increase equality of opportunity globally by advancing a future where everyone, regardless of their location, can participate in the global digital economy through universally-accessible decentralized financial and identity infrastructure. As the network grows, so should its utility.
Today, many interactions in the digital realm are not possible globally. The way humans transact value, identify themselves, and interact on the internet is likely to change fundamentally. With universal access to finance and identity, the following future becomes possible:
Finance
Owning & Transferring Digital Money: Sending money will be near instant and borderless, globally. Available to everyone. The world could be connected financially and everyone would be able to interact economically on the internet. The COVID relief fund for India, where over $400 million were raised in a short period of time by individuals around the world to support the country as a hint at what can be possible. Overall, this has the potential to connect people on a global scale unlike anything previously seen in human history.
Digital money is safer than cash, which can be more easily stolen or forged. This is especially important in crisis situations where instant cross-border financial transactions need to be possible, such as during the Ukrainian refugee crisis, where USDC was used to distribute direct aid. Additionally, digital money is an asset that individuals can own and control directly without having to trust third parties.
Identity
Keep the Bots Out: Bots on Twitter, spam messages, and robocalls are all symptoms of the lack of sound and frictionless digital identity. These issues are exacerbated by rapidly advancing AI models, which can solve CAPTCHAs and produce content that is convincingly "human". As services ramp up defenses against such content, it becomes essential that an inclusive and privacy-preserving solution for proof of personhood is available as public infrastructure. If every message or transaction included a "verified human" property, a lot of noise could be filtered from the digital world.
Governance: Currently, collective decision making in web3 largely relies on token-based governance (one token, one vote), which excludes some people from participating and heavily favors those with more economic power. A reliable sybil-resistant proof of personhood like World ID opens up the design space for global democratic governance mechanisms not just in web3 but for the internet. Additionally, for AI to maximally benefit all humans, rather than just a select group, it will become increasingly important to include everyone in its governance.
Intersection of Finance and Identity
Incentive Alignment: Coupons, loyalty programs, referral programs and more generally sharing value with customers is traditionally prone to fraud as the incentives for fraudulent actors are high. Frictionless and fraud resistant digital identity helps to align incentives and benefit both consumers and companies. This could even incept a new wave of companies owned in part by its users.
Equal Distribution of Scarce Resources: Crucial elements of modern society, including subsidies and social welfare, can be rendered more equitably by employing proof of personhood. This is particularly pertinent in developing economies, where social benefit programs confront the issue of resource capture—fake identities employed to acquire more than a person’s fair share of resources. In 2021, India saved $5 billion in subsidy programs by implementing a biometric-based system that reduced fraud. A decentralized proof of personhood protocol can extend similar benefits to any project or organization globally. As AI advances, fairly distributing access and some of the created value through UBI will play an increasingly vital role in counteracting the concentration of economic power. World ID could ensure that each individual registers only once and to guarantee equitable distribution.
WLD/USDT Keep an eye on the support, Bouncing and back to UP!💎 WLD has recently demonstrated noteworthy market dynamics, experiencing a significant 300% upward movement after breaking out of a descending channel.
💎 However, signs of weakness are now apparent, with WLD potentially entering a retesting phase at the support level previously acting as resistance at the all-time high (ATH).
💎 There's a probability that WLD could also touch the Bullish Order Block (OB) before resuming its upward movement and retesting the Bearish OB area.
💎 The Bullish OB represents a critical area for WLD, as a bounce from this level is essential. However, if WLD breaks below the Bullish OB, it could signal a reversal to a bearish trend, resulting in continued downward movement for WLD.
🔥 WorldCoin [WLD] Bull-Flag SignalIn my last analysis I talked about the bullish channel that WLD was trading in. My anticipation was that WLD would break through the top resistance and make it's way to 10$.
After topping out around 9.25$, WLD has been reading sideways. With BTC trading exceptionally bullish, I expect WLD to break out of this pattern in the near future.
WLD can fly. I'm aiming at 20$ over the next few weeks. By keeping a very tight stop we can create a very good R/R of over 28 for this trade.
Worldcoin chart analysis - WLD correction possible👀Worldcoin chart analysis
WLD correction went down to FIB 50% with kind of double bottom
Afterwards we saw a massiv #bullish pump and reached FIB 127.2% extension - RSI not shown but extreme overbought
Since over 96% of all addresses are in profit a correction is very likely IMO👀
Afterwards the FIB 161.8% at $12.75 is a reasonable next target
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
🔥Worldcoin Is Copying Aptos. Pump Soon❓Worldcoin is a fresh alt on Binance. Usually, such alts pump so high due -50-80% dump after the listing. The example is Aptos, which make -70% pullback and grew by +550%.
WLD fell by -60%. Also ARKM, MAV, SUI, SEI are on the list.
💥watch this freshman carefully before it skyrockets.
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Worldcoin ($WLD) Soars 200%, Catapults 3AC Holdings to $900MWorldcoin ( MIL:WLD ) has emerged as a beacon of innovation, riding the crest of a 200% surge that has propelled 3AC Liquidator's holdings to an astounding $900 million valuation. This unprecedented rally underscores not only the burgeoning interest in AI-related tokens but also the maturation of blockchain technology intersecting with artificial intelligence. Let's delve deeper into the implications of Worldcoin's ascent and its significance amidst the broader crypto market dynamics.
The Surge of Worldcoin ( MIL:WLD ) and 3AC Holdings:
Worldcoin's staggering ascent has not only captured the attention of seasoned investors but has also catapulted the holdings of 3AC Liquidator, represented by the wallet address 0xc7c, to stratospheric heights. With a portfolio now valued at $900 million, 3AC Liquidator's surge in wealth epitomizes the transformative power of strategic cryptocurrency investments. The lion's share of this wealth, approximately $623.25 million, is attributed to the acquisition of 75 million Worldcoin ( MIL:WLD ) tokens, signifying a resounding vote of confidence in the project's vision and potential.
AI Token Momentum and Worldcoin's Role:
The recent proliferation of AI-related tokens, exemplified by the launch of Sora by Sam Altman's OpenAI, has catalyzed a groundswell of enthusiasm within the crypto community. Worldcoin ( MIL:WLD ), co-founded by Altman himself, occupies a pivotal position within this burgeoning ecosystem, leveraging artificial intelligence to revolutionize blockchain technology. As investors flock to projects at the vanguard of innovation, Worldcoin's meteoric rise underscores its status as a frontrunner in the AI-driven cryptocurrency landscape.
Worldcoin's Vision and Investor Confidence:
Beyond the numbers, Worldcoin's ( MIL:WLD ) surge epitomizes a broader narrative of investor confidence in its vision and potential applications. By harnessing the power of artificial intelligence, Worldcoin ( MIL:WLD ) aims to redefine the parameters of decentralized finance, offering a glimpse into a future where technology intersects seamlessly with financial infrastructure. As evidenced by its exponential growth trajectory, investors are increasingly recognizing Worldcoin ( MIL:WLD ) as a harbinger of transformative change within the crypto market.
Project Adoption and Community Milestones:
In tandem with its price surge, Worldcoin ( MIL:WLD ) has achieved significant milestones in terms of project adoption and community engagement. The recent revelation that the number of subscribers to the World App, Worldcoin's wallet, has surpassed 1 million underscores the project's popularity and widespread appeal. This rapid increase in adoption not only augurs well for Worldcoin's ( MIL:WLD ) future growth trajectory but also solidifies its position as a leading player in the AI-driven cryptocurrency space.
Conclusion:
Worldcoin's ( MIL:WLD ) remarkable surge, culminating in a 200% rally and propelling 3AC Holdings to a staggering $900 million valuation, underscores the transformative potential of AI-driven cryptocurrency projects. As investors continue to flock to innovative ventures at the intersection of artificial intelligence and blockchain technology, Worldcoin ( MIL:WLD ) stands poised to lead the charge toward a future where technology reshapes the very fabric of finance.
Worldcoin WLD price showed +270% rise, what next ?In a few weeks, the WLDUSDT price showed a tremendous increase.
It's not a good idea to short a coin that's pumping, but there are a few things to consider:
- The WLD price has reached the top of the channel.
- there was no meaningful correction during the rapid growth
- WLDUSDT trading volumes now exceed the coin's capitalization
What do you think provoked such an increase in the WLD price, and what is the fair price for the Worldcoin token? Write in the comments
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