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📊 Worldcoin (WLD) Market Report - October 2024

Hello, community! 🌐 I bring you the latest news on Worldcoin (WLD), which is drawing attention for both its recent performance and project developments. Let's dive into the details!

📈 Current Price and Performance

Current Price: $2.22

Daily Range: $2.19 - $2.32

Capitalization: $245.6 million

24h Volume: $205.4 million

After having hit lows in September, WLD broke the key resistance of $2.10 on October 14, marking a new 77-day high at $2.35 🔥. However, there is a possibility of a small correction towards the support at $2.10 before seeking the next major resistance at $3.

🌍 Project Updates

Worldcoin is now called “World” and has announced the launch of its Orb 2.0 to expand its biometric-based digital identification system. This evolution aims to reach 700 million users. However, the controversy surrounding its use of biometric data remains a hot topic in Europe, where it faces regulatory scrutiny.

📊 What Could Happen Now?

Technical indicators paint a positive scenario, and if the momentum continues, the next resistance target is between $4.70 and $5.35 🚀. However, if it fails to consolidate above $3, it could return to the previous range between $1.40 and $2.10.

💬 What Do You Think?

What do you think about Worldcoin? Do you think it will continue to rise or will it be stuck in its current range? Is it a good opportunity or too many regulatory risks? 🧐

💡 Leave me your comments 👇 and let's discuss whether WLD is a hidden gem or a risky project.