I heard about the WLD token i.e. Worldcoin only a few days ago through some digital media.And got to know that it is developed by the founder of OpenAI ChatGPT, Sam Altman.I became so excited to join and buy WLD, because 1st thought comes to your mind when you think of Sam Altman, is that he is a great tech personality , and if he has developed a crypto , it must boom and reach moon soon .The price of WLD is only 3.6$ today .But due to my past experiences of many scams, i did a detailed research , and very easily found , that WLD is just a scam token, and is already too much overpriced.It is not even worth 0.001$, trust me, i am speaking on the basis on the facts only .just check yourself .Open WLD$ block explorer , it will take you to the etherscan as it is just a token built on ethereum blockchain, anyone can do it.But still the worst thing is that, more than 90% of the total supply of these tokens is in the wallets of worldcoin developers and the team only .That means, they can anytime bulk dump the supply and fill their pockets .This token is not a community crypto token.Thus i decided to stay away from such scam projects. Check screenshots attached.What are your thoughts on this?#Wld #Worldcoin #ScamAlert #scam #chatGPT-4 $WLD

- Worldcoin has experienced a remarkable 200% price increase over the past week and an impressive 322% surge over the last year.
- Concerns arise as Alameda holds 25 million tokens, potentially leading to a crash in price.
- Volatility is anticipated even in the medium to long term, signaling a need for cautious investment strategies.
Following a staggering rally of 322% over the past year and approximately 200% in just a week, Worldcoin (WLD) Token has experienced a slight bout of profit booking.
Adding to potential concerns for WLD Token holders is the revelation that bankrupt Alameda Research holds a significant 19% share of the total token supply. Should the courts compel Alameda Research to sell, there's a possibility of the entire 25 million tokens being offloaded, mirroring a similar scenario with BitDAO.
Worldcoin's Remarkable Price Rally
A glance at Worldcoin's one-year chart reveals a predominantly bearish trend in the latter half of 2023, with a failed rally starting in late November of that year.
However, the current surge from $2.1 to $7.8 commenced around February 7, 2024, coinciding with news of Sam Altman's pursuit of $7 trillion funding for his semiconductor-based microchip venture.
The cryptocurrency has seen a remarkable gain of 188% within a month and approximately 140% within a week as of press time.
The Catalysts Behind Worldcoin's Surge
The substantial rally in Worldcoin can be attributed to two significant factors. Firstly, its daily wallet users surpassed 1 million on February 17, 2024, as announced by Worldcoin's X account on the same day.
A closer examination of user growth illustrates a steady increase since the previous year, despite regulatory challenges from investigative authorities in various countries due to concerns over iris scans.
Further investigation revealed that Sam Altman's new business venture played a pivotal role. The billionaire and co-founder of OpenAI intends to raise $7 trillion in funding for a chip development and manufacturing company poised to compete with industry giants like Nvidia, Intel, and Qualcomm. This venture even aims to rival Neuralink, backed by Elon Musk, known for its development of bionic chips.
Notable Caution for Buyers
During the current press time, Worldcoin exhibits early signs of profit booking, with a 5% decline compared to the previous 24-hour period.
Given that only 1.31% of the total Worldcoin (WLD) token supply is in circulation, equivalent to 131 million tokens out of 10 billion WLD tokens, caution is warranted.
Moreover, the presence of 25 million Worldcoin tokens in the possession of bankrupt Alameda Research presents additional cause for concern.
Should You Consider Buying?
At present, we advise users to exercise caution regarding this cryptocurrency. Even for those inclined to take high risks, we recommend refraining from heavy investment. Two primary reasons support this recommendation.
Internally, Worldcoin (WLD) token holds over 98% of its total token supply in reserve, raising the possibility of founders supplying tokens to the market for quick profits.
Externally, the threat lies in the potential scenario where bankruptcy courts mandate Alameda Research to sell its stake, likely resulting in a significant price crash. Even if a gradual selling scheme is imposed, the token price could remain suppressed.
Disclaimer: While Voice of Crypto aims to provide accurate and current information, it disclaims responsibility for any missing facts or inaccuracies. Given the high volatility of cryptocurrencies, it is imperative to conduct thorough research and make informed financial decisions.

#Worldcoin #Wld #Crypto2024 #cryptocurrency
$WLD

The total crypto market cap continues to oscillate between $1.38 trillion and $1.42 trillion.
Today, however, the market has improved slightly and is up by 1.36% to $1.38 trillion.
Naturally, this translates into greens, and this is what the market looks like at the moment:

Interestingly enough, the total amount of liquidations has declined drastically. Most likely because fewer people trade during the weekends.

This figure sits at around $64.59 million, with the bulls ($34 million) somehow losing more than the bears ($30 million) despite the market’s greens.  

Bitcoin Continues Consolidating, Despite 1% Gains
Over the last day, Bitcoin has rallied by as much as 1%. However, the cryptocurrency still remains stuck in its consolidation between $32,800 and $38,000.

The lower trendline of the ascending trendline illustrated above is also reinforced by Bitcoin's 25-day moving average.
This means that Bitcoin absolutely has to stay above this trendline to avoid a drastic drop to $32,800 or lower.  

Ethereum Hangs On A Ledge: Bounce Or Breakdown?
Just like Bitcoin, Ethereum is also hanging on a ledge above its 25-day moving average.

As pictured above, Ethereum is currently testing support around both the aforementioned moving average, and the $1,930 zone.
This presents a sticky situation of sorts. Because if Ethereum breaks below both the $1,930 support and its 25-day moving average, we are bound to see a price decline that brings Ethereum straight down to $1,750 or its 99-day moving average.  

Worldcoin Pumps On Altman’s Exit
A few days ago, news hit the internet that the CEO of OpenAI, Sam Altman was being removed from his position as head of the company. Altman is also the CEO of another company called Tools For Humanity, which is also the issuer of Worldcoin.
Apparently, the news of Altman’s removal has affected Worldcoin to some extent, making it the 4th hottest cryptocurrency on Binance, as well as the 2nd largest gainer, with a 26.77% gain over the last day.

Worldcoin has been trading inside an ascending channel since mid-September this year and has ascended into a retest of this formation's upper trendline. Overall, the $2.5 - $2.53 zone is an important zone to watch out for, in case of a possible breakout.  

Higher Lows On Solana
Solana, after an initial rejection from the $65 zone, appears to be making higher Lows.

The bulls were able to keep Solana from falling below $51.6 yesterday. Because of this, Solana has formed a new higher low of around $54.27. This means that we can expect a new high above $68.2 over the next few days as Solana forms a new higher high. $75, here we come!  

Render (RNDR): Watch Out For The Weekly Candle
Below, we have Render’s weekly candlestick.

As pictured above, Render spent the week breaking above $3.1. With the weekly candle close expected sometime today, Render will finally have a chance to cement its position atop $3.1 and convert this zone into support.
We can expect a lot more bullishness from Render if the weekly candlestick closes above this new support, and a possible rally to $4.2 at least, if all goes well.  
#BTC #ETH #Wld #SOL #RNDR
$WLD $RNDR $BTC

1. Hong Kong authorities initiate a thorough investigation into Worldcoin's use of iris scanning technology, citing potential privacy risks as the primary concern.
2. Doubts arise regarding the compatibility of Worldcoin's methods with existing privacy laws, prompting increased scrutiny from regulatory bodies.
3. Previous investigations in Kenya and India resulted in the suspension of Worldcoin (WLD), sparking concerns about the cryptocurrency's ability to expand and navigate global regulatory challenges.
4. In response to the Hong Kong investigation, Worldcoin's price experiences a 4% drop, while trading volume plummets by 60%.
5. The future of WLD remains uncertain, with the possibility of a comeback in price contingent upon crucial support levels holding steady.
Worldcoin’s Popularity Surges with Iris Scanning Redesign and Vitalik Buterin's Approval
In 2024, Worldcoin experienced a resurgence in popularity following reports of an upcoming redesign of its iris scanning technology, known as "Orbs," and commendation from Vitalik Buterin for its innovative integration of AI and Blockchain.
Privacy Concerns Arise for Worldcoin in Hong Kong
However, recent developments indicate that Worldcoin's operations are facing scrutiny from authorities in Hong Kong due to concerns over data privacy practices.
Investigation by the Office of the Privacy Commissioner for Personal Data
The Privacy Commissioner for Personal Data (PCPD) in Hong Kong has announced an investigation into Worldcoin, citing "serious risks to personal data privacy."
Concerns Regarding Data Collection and Processing
The PCPD is particularly concerned about how Worldcoin collects and processes sensitive user data, especially regarding iris scans, potentially violating privacy regulations.
Worldcoin's Response and Repercussions
While Worldcoin asserts its commitment to data security and privacy, authorities remain skeptical, leading to potential sanctions and legal actions against the project, which could severely impact its operations and reputation.
Impact on Worldcoin's Market Performance
The regulatory scrutiny has coincided with a decline in Worldcoin's market performance, with the cryptocurrency experiencing a notable decrease in trading volume and price.
Future Prospects and Risks
Despite current challenges, the future trajectory of Worldcoin remains uncertain, with potential for both recovery and further regulatory obstacles ahead.
Disclaimer
As with any investment, individuals should conduct thorough research and exercise caution when dealing with cryptocurrencies, as they are highly volatile assets. The information provided is for informational purposes only and does not constitute financial advice.
#Worldcoin #Wld #wld/usdt #Crypto2024 #cryptocurrency
$WLD