ATTENTION !!! Crypto Visionaries, $WLD , what happened? Will World Coin go up? Will it go down?....
Worldcoin (WLD) is a cryptocurrency that has experienced significant fluctuations in its price since its launch. Below is its recent performance:
Causes of the WLD decline:
1. Unlocking of tokens: Recently, Worldcoin released 37.23 million WLD tokens, increasing the circulating supply by 4.67%. This increase in supply may put downward pressure on the price, as a greater availability of tokens can reduce their value if demand does not grow proportionally.
2. Regulatory issues: Worldcoin has faced legal challenges in several countries. For example, in Spain, it has been ordered to delete all stored iris records due to possible violations of the General Data Protection Regulation (GDPR). These regulatory concerns may negatively affect investor confidence and, consequently, the token's price.
Future forecasts for WLD:
Price projections for WLD vary by source:
Cryptopolitan: Estimates that by 2025, the price of WLD could reach a maximum of $9.98, with an average of $9.29. By 2030, a maximum of $28.64 is expected, with an average of $28.43.
99Bitcoins: Suggests that, driven by events such as Bitcoin's halving, WLD could reach $4 in 2025 and hit $12 in 2030, provided it overcomes current regulatory challenges.
CoinEdition: Shows considerable optimism, projecting that WLD could reach $100 by 2030, although it acknowledges that the cryptocurrency market is highly volatile and these predictions should be taken with caution.
Conclusion:
The price of WLD has shown volatility due to factors such as the increase in token supply and regulatory challenges. Future projections vary, but overall, moderate growth is anticipated in the coming years. It is essential for investors to stay informed about news and developments related to Worldcoin.