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β‡˜ Mixed Outlook for WLD Coin Amid Rebounds, Downtrends and Controversies

Mixed Outlook for WLD Coin Amid Rebounds, Downtrends and Controversies
WLD Coin has seen a mixed bag of performance in recent times. Despite strong recent performance, some long-term price predictions foresee a downturn. The 'WLD' token also fell 10% following a major rebranding of Worldcoin to 'World'. Controversies like the obligation to allow comprehensive data deletion under privacy regulations in Europe have emerged. Furthermore, it has experienced a decrease in value where the majority of investors perceived substantial losses. On a positive note, the token surged 15% when the investor and team lockup was extended. Despite minor setbacks, bullish trends have been predicted, with the price expected to surge amid global adoption of World ID. WLD has also extended its services to several countries resulting in a significant spike in token prices. In spite of uncertainties, positive forecasts suggest the price may even hit $15 by 2024. Altman's innovative eye-scanning orbs have garnered interest and WLD supply is expected to increase in the next few months. Yet, it experienced stalling despite the launch of Binance futures. The introduction of new layer-2 network 'World Chain' might fuel a bullish reversal. Concerns around Worldcoin's tokenomics being 'predatory' and the token being labeled a 'fake AI coin' have been raised, while the coin's unlock schedule has been extended to 2028 prompting a 27% surge in WLD. Worldcoin's trial use of facial recognition technology and announcement of a better internet through 'World Chain' create a buzz. Even amidst chaos, opportunities for investors to earn major gains have been predicted. Notwithstanding a 12-month low hit, WLD price recovered after Alameda’s liquidation. There was excitement due to hiring of Former Google, X and Apple execs to enhance privacy and security. World ID was also brought to Solana via Wormhole. Lastly, lawsuits involving Elon Musk and OpenAI are speculated to drive the Worldcoin price above $10.

WLD Coin News Analytics from Mon, 24 Jul 2023 07:00:00 GMT to Mon, 13 Jan 2025 07:57:05 GMT - Rating -5 - Innovation -3 - Information 8 - Rumor -1

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  • ↑ Fluctuating Fortunes: The Intriguing Rise and Dips of Worldcoin (WLD)

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WLD Coin - News Analyzed: 2,000 - Last Week: 100 - Last Month: 400