Worldcoin is a digital currency initiative developed by Tools for Humanity, co-founded by Sam Altman, Alex Blania, and Max Novendstern. It aims to establish a global identity and financial network that can be accessed by everyone, including those without traditional financial resources.
Notably, Worldcoin's concept revolves around a unique identification system that uses biometric data, specifically iris scans, to create a unique and secure digital identity for each user. This digital identity enables individuals to prove they are real and distinct without revealing personal information, thereby protecting privacy and preventing fraud.
Worldcoin's Vision and Goals
Additionally, the primary goal of Worldcoin is to create an inclusive financial system that allows people worldwide to access digital currencies and participate in the global economy. By combining blockchain technology, biometric identity verification, and universal access, Worldcoin seeks to build a more equitable and transparent financial ecosystem.
Moreover, the project's vision includes providing a universal basic income (UBI) through the distribution of Worldcoin tokens to all participants. This ambitious plan aims to tackle issues like economic inequality and financial exclusion by offering every person a small amount of cryptocurrency to kickstart their participation in the digital economy.
Controversies and Challenges
However, despite its innovative approach, Worldcoin has faced significant controversy and skepticism. Privacy advocates have raised concerns over the use of biometric data and potential misuse of sensitive information.
The project's reliance on iris scans has sparked fears of surveillance and data breaches, raising ethical and security questions. Additionally, there are challenges in achieving global adoption due to regulatory hurdles, technological barriers, and public trust issues.
Critics argue that the model could lead to unintended consequences, such as monopolistic control over digital identities. Worldcoin's success will depend on how it addresses these concerns and navigates the complex landscape of global digital finance.
Worldcoin Technical Analysis
Notably, in the past month, Worldcoin (WLD) fluctuated between $1.30 and $1.90, showing a volatile trading range. Despite initial dips, the price rebounded, reaching highs around $1.75, followed by consolidations near $1.45. The trading volume remains moderate, and price movements suggest support at $1.43 with resistance near $1.70, reflecting mixed market sentiment.
Worldcoin (WLD) price chart ( Source: Coinmarketcap)
Additionally, over the past 7 days, Worldcoin (WLD) experienced a steady rise, starting from $1.35 and reaching a high of $1.55 before correcting to $1.45. The chart shows volatility with notable support around $1.40 and resistance near $1.55. Trading volume peaked on September 15th, suggesting increased activity, but current price stability hints at consolidation.
However, in the past 24 hours, Worldcoin (WLD) experienced a dip, falling from a high of $1.48 to $1.42 before stabilizing at $1.45. The price action shows volatility, with resistance at $1.48 and support around $1.42. The trading volume peaked at $96.99M, indicating active trading. The trend suggests a possible consolidation phase as buyers and sellers battle for direction.
Worldcoin (WLD) price chart (source: Trading View)
Notably, the Stochastic RSI shows highly volatile movements, fluctuating between overbought and oversold levels 28.62 and 16.72, respectively. This suggests that Worldcoin (WLD) is experiencing frequent reversals, with the price shifting between bullish and bearish momentum. The current values near the lower band indicate a potential bullish reversal, but caution is advised.
Additionally, the MACD indicator shows convergence, with the MACD line (0.002) closely following the signal line (0.001), indicating low momentum. The histogram's near-zero values reflect a lack of strong trends, suggesting that the market is in a consolidation phase. A crossover could confirm either bullish or bearish momentum depending on the movement of the lines.
Therefore, both the Stochastic RSI and MACD reveal Worldcoin (WLD) current indecision in the market. While the Stochastic RSI highlights volatility and possible upcoming reversals, the MACD shows a lack of momentum, signaling consolidation. Both indicators suggest traders should await further confirmation before committing to a direction, as neither strong bullish nor bearish trends are clearly confirmed.
Worldcoin (WLD) Price Prediction
Worldcoin (WLD) Price Prediction 2024-2030
Year Potential Low ($) Average Price ($) Potential High ($) 2024 1.20 1.45 2.01 2025 2.52 3.03 3.56 2026 4.08 4.51 5.10 2027 5.91 6.37 7.41 2028 8.23 8.95 9.57 2029 10.32 11.01 12.77 2030 13.43 14.04 15.27
WorldCoin Price Prediction 2024
The price of WorldCoin is predicted to reach a minimum level of $1.20 in 2024. The WorldCoin price can reach a maximum level of $2.01 with the average price of $1.45 throughout 2024.
WorldCoin Price Prediction 2025
WorldCoin price is forecast to reach a lowest possible level of $2.52 in 2025. As per our findings, the WLD price could reach a maximum possible level of $3.56 with the average forecast price of $3.03.
WLD Price Forecast for 2026
WorldCoin price is forecast to reach a lowest possible level of $4.08 in 2026. As per our findings, the WLD price could reach a maximum possible level of $5.10 with the average forecast price of $4.51.
WorldCoin (WLD) Price Prediction 2027
According to our deep technical analysis on past price data of WLD, In 2027 the price of WorldCoin is predicted to reach at a minimum level of $5.91. The WDC price can reach a maximum level of $7.41 with the average trading price of $6.37.
WorldCoin Price Prediction 2028
The price of WorldCoin is predicted to reach a minimum value of $8.23 in 2028. The WorldCoin price could reach a maximum value of $9.57 with the average trading price of $8.95 throughout 2028.
WorldCoin Price Prediction 2029
The price of WorldCoin is predicted to reach a minimum value of $10.32 in 2029. The WorldCoin price could reach a maximum value of $12.77 with the average trading price of $11.01 throughout 2029.
WorldCoin (WLD) Price Prediction 2030
As per the forecast and technical analysis, In 2030 the price of WorldCoin is expected to reach a minimum price value of $13.43. The WLD price can reach a maximum price value of $14.04 with the average value of $15.27.
WorldCoin Price Forecast FAQs
How much does WorldCoin cost in 2025?
The price of WorldCoin will increase as more investors get involved in the project. In the year 2025, WorldCoin will be worth about an average price of $3.03
How much will WorldCoin be worth in 2030?
In terms of price, WorldCoin has an outstanding potential to reach new heights. It is forecast that WLD will increase in value. According to specific experts and business analysts, WorldCoin can hit the highest price of $15.27 till 2030.
How high can WorldCoin go?
The average price of WorldCoin (WLD) might go to $2.01 by the end of this year. If we estimate the five-year plan, it is estimated that the coin will easily reach the $8.95 mark.
What will be the WLD highest forecast price for 2024?
The WLD price is expected to reach a maximum level of $2.01 at the end of 2024.
What is the future of WorldCoin?
The future of WorldCoin is highly dependent on the overall performance of the crypto industry. When it comes to investing in WLD, you need to make sure that you are using the right strategy. This type of investment is not suited for those with an asymmetric risk profile. However, it is still an excellent investment for those who have a high tolerance for risk and a solid financial position. In addition to its speculative nature, WLD also offers exposure to global technology and an ever-growing ecosystem.
What is the WorldCoin price today?
Today WorldCoin (WLD) is trading at $1.435 with the marketcap of $654,431,484.
Is WorldCoin (WDC) a good investment?
WorldCoin's value is expected to continue to expand, as shortage tends to encourage price rise. Please note, there is some risk to any investment. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible.
How much will WorldCoin be worth in 5 years?
In five years, WorldCoin will have a minimum price of $8.23 and a maximum price of $9.57 per WLD. Since WorldCoin is traded on a supply-and-demand basis, its value fluctuates drastically.
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