Worldcoin (WLD), in recent news, has made a significant splash in the global crypto market. The coin surprised investors with a rapid rise of +10%, followed by a further surge of 28% attributed to an expansion of its ID verification on a global scale. Despite this positive momentum, WLD experienced severe downturns, plunging 84% at one point, subjecting investors to substantial losses.The crypto asset has undergone some notable changes. With a major rebranding, 'Worldcoin' dropped 'coin' from its name and is now known as 'World'. This was accompanied by the unveiling of a new iris-scanning device called Orb 2.0, purported to prove the holder's humanity.Investors are speculating that the WLD could hit $15 by 2024, given current projections. This advancement is supported by the expansion of Worldcoin's services into a few more countries. However, a subsequent price dip has raised questions about the 2025 prediction.
Worldcoin further shocked its investors with a decision to increase the WLD supply by up to 19% in the next 6 months. Despite a brief 5% price slump, Worldcoin bounced back with noticeable rallies in spite of regulatory fines in South Korea and mixed signals tied with meme coins.Worldcoin successfully launched its World ID Verification Service in Austria, greatly influencing the rebound of the WLD price. Its cutting-edge technology claims to meet user needs with the launch of a layer-2 network known as 'World Chain'. This development, alongside the entry of World ID into the Solana ecosystem, leads some experts to predict a surged WLD price, even returning to $10 if certain conditions are met.However, the WLD price volatility continues, as shown by a fall below $2 after the big FTX and Alameda crypto sale. Amid this turmoil,
Worldcoin maintains steady growth by expanding its services, such as the remarkable World ID to Solana. The recent association with Dune to allow data access to World Chain hints at further innovation.
WLD Coin News Analytics from Mon, 19 Feb 2024 08:00:00 GMT to Fri, 06 Dec 2024 13:40:42 GMT -
Rating 6
- Innovation 8
- Information 9
- Rumor -1
