Worldcoin (WLD) is seeing heightened interest in the investment community despite its correlation with various controversies. Concerns about
iris scanning, the technology underpinning the WLD project, have been raised by China, labeling it a potential national security threat. Regardless, high-profile backers like Sam Altman, co-founder of AI research organization OpenAI, stand with the venture resulting in a $8 billion fund raise. Testing of resistance points at $1.40 and $1.20 suggests volatility, although some analysts predict that WLD could reach $5 by 2025. Amid this speculation,
Worldcoin whales have reportedly accumulated $18 million in the coin, despite an 8% drop in its price. Controversial figures like Donald Trump also bearing ties to cryptocurrency with World Liberty Financial's stablecoin and $2 billion Abu Dhabi investment announced for Binance, reports suggest. Amid scrutiny, Indonesia temporarily halted Sam Altman's WLD project over permit violations. Regardless, the venture powered ahead, marking success with Coinbase listing, U.S. and U.K. expansion, and USDC integration. More bullish is the coin's recovery after recent price breakdown, spurring some to suggest a potential surge toward $2.00.
Worldcoin, however, still faces downward market pressure, with bearish momentum noted as the price falls below $0.91. This contrasts with
World Foundation's $135 million raise from early backers. Optically, Worldcoin and other alternative digital coins represent the global trend toward reserve-backed cryptocurrencies while waving the controversial flag of meme coins.
WLD Coin News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Wed, 06 Aug 2025 04:01:49 GMT -
Rating -7
- Innovation 8
- Information 6
- Rumor -5
