To the pyramid scheme detectives: #Worldcoin $WLD , the Coin Built with Actual Technology (Shocking, I Know)
Alright, gather 'round folks, for a crash course in actual value and a gentle mocking of those who mistake innovation for a pyramid scheme.
The sarcasm in calling Worldcoin a pyramid scheme is almost too delicious to pass up. After all, what pyramid scheme in history has been built on the solid bedrock of technological innovation? Last I checked, the pyramids of Giza weren’t exactly known for their blockchain infrastructure or their potential to redefine digital identity
The Pyramid scheme detectives could also be just sour losers who can’t get over missing the opportunity 🤷🏽♂️
But here's the real kicker: WLD isn't built on empty promises and recruitment quotas. It's built on secure consensus protocols, cryptography, and a dedicated developer team. You know, those things most pyramid schemes conveniently forget to mention?
World App, the brainchild of the Worldcoin project, isn't just another crypto wallet vying for your attention. It aspires to be a gateway to the global digital economy, particularly for those who haven't been fortunate enough to experience it yet. Imagine a user-friendly app that empowers individuals, regardless of their crypto expertise, to embrace the power of decentralized finance and explore the exciting world of digital assets. World App, with its focus on accessibility and intuitive design, has the potential to bridge the gap between the crypto-curious and the mainstream, paving the way for a more inclusive financial future.
So, the next time you hear someone throwing around the "pyramid scheme" label, remember, they're probably the same folks who thought the internet was just a fad for cat videos. Let them have their outdated opinions, while the rest of us embrace the future of finance.
P.S. If you're still confused about the difference between a pyramid scheme and a legitimate project, feel free to do some actual research (it's a wild concept, I know).
Fan Token Club Worldcup is happening now and I think it’s funny and nice. $ATM took the lead then followed by ❤️🖤$ACM & $ASR Others are trying to get in the game too.
$WLD has real long term future potential, guys keep in mind the owner of this project was also openAi #CEO aka chatgpt creater/owner. If they succed with the retina recognition they could become pretty big, this could solve one of cryptos biggest problem wich is lost wallets, you r wallets could have a retina token that is not tradable for your wallets, this would add an extra security layer. This can be a good candidate to start the swaping from banking to crypto, and you know what that means $$$$$. Also everybody panic sold $WLD making it reach a pretty good entry price at the moment. This can easily go crazy in 2-3 years time. Don't forget the ABC's of making money is not good selling. It's good buying
Also can't see a world where the guy who has lead the biggest ai company in the world can't make and #AI crypto project work.
Buy $WLD because this is the lowest you are gonna get.
I have talked about the Worldcoin project and background in my previous posts. Today let's analyze the token against USDT so you can see why you need to HODL WLD.
Fundamental Analysis:
The Worldcoin (WLD) project has seen some significant developments recently.
- Regulatory Challenges: Worldcoin has faced regulatory concerns, leading to the suspension of its operations in Hong Kong.
- Strategic Moves: The project made a strategic move to switch operator rewards from USDC stablecoins to WLD tokens, which was expected to increase the circulating supply of WLD tokens.
- Price Surge: Following this strategic change and renewed commitment from OpenAI CEO Sam Altman, the WLD token price saw a dramatic increase.
Technical Analysis
This is a 4-hr CHART Analysis of the WLDUSDT pair.
WLD has tested the 4.0 Support zone three times and was strongly rejected the entire time. However, this market has seen resistance at the 5.1 marker!
The support zone tests have shown successive higher lows. An indication of a bullish move.
The market might drop back to the 4.2 zone slightly lower than the previous low, but don't panic this will only give a strong confirmation for the bullish move.
If, however, this market breaks the 5.1 resistance without returning, then the buys are expected to rally back to 10.0!
Verdict:
If you're an aggressive trader, this is an entry for a buy market for you! However, if you're a more patient trader, maybe you should wait for the retesting to the support zone marked before entry. This will give you a stronger confirmation.
Remember: always stay profitable!
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P.S.
Join my BLUM network (I promise it'll be massive)👇👇👇:
Leo Messi and Worldcoin—what could they possibly have in common?
Worldcoin is aiding another Leo Messi, who shares the name but not the fame.
This Messi faces daily hassles due to his famous namesake. Worldcoin's digital ID, created through iris scans, provides him with a unique online identity, ensuring he's not mistaken for a bot or the football star.
Discover how Worldcoin's innovation is transforming lives and safeguarding identities in the digital world. https://www.linkedin.com/posts/ianua-tech_with-world-id-everyone-can-be-unique-online-activity-7192969048316428288-FGYr #worldcoin $WLD #messi #Write2Earn
Most paid channels won't like me sharing this but I'll do it anyway👇
Struggling to make profits this year? That's because you didn't have the right crypto trading strategy yet. Most paid channels won't like me sharing this but I'll do it anyway👇 The market often trades in a range. When these ranges break, they can offer some of the best trading opportunities. If you learn how? The game changes considerably in your favor and the sky is the limit. Let's go from the basics to a pro 👉 Resistance is the highest point before price pulled back. This is also called a swing high. Support is the lowest point before price went back up. This is also called a swing low. Both support and resistance appear in an uptrend or downtrend. We will just trade both of them differently depending on the current trend. Only buy at support in an uptrend. Only sell at resistance in a downtrend. Always follow the trend. Never go against it. Chart Example: On the left side we see an uptrend. Any of these supports are great buying opportunities. Only buy the the dips. On the right side we see a downtrend. Any resistance are great selling opportunities. Only sell the rallies. A trendline is also a type of support and resistance. This time they are diagonal instead of horizontal however. Connect the swing lows in an uptrend or the swing highs in a downtrend. As long as this line holds you trade with the direction of the trend. The more points you can connect the better. In an uptrend you buy the dips In a downtrend you sell the rallies Once the line breaks there's a potential reversal. Uptrend to downtrend or downtrend to uptrend. The higher the time frame the more accurate. A channel is when we connect both the highs and the lows in an up or downtrend. They are based on the same concept of trendlines. Once one of these breaks we have a potential reversal. If they hold you continue trading with the trend. More about using real strategy on this concept. Break and retest involves waiting untill price breaks out and only entering a trade when price comes back and retests that broken area. The best traders wait for price to come to them and not chase it. When something breaks you can be aggressive and enter a trade right away or you can be conservative and wait for price to come back to you. Trading conservative in 99% of times will do you more good. A previous resistance becomes support once broken. A previous support becomes resistance once broken. Wait for price to break out and come back to test that area as valid support or resistance. Enter the trade. Trendlines are no different. Wait for price to break your trendline and come back to retest it. Let price validate your broken area and give you a better entry. Enter the trade. You can look at multiple different time frames. A 1 hour chart is not a 4 hour chart and vice versa. The more analysis techniques you combine including timeframes will drastically improve the odds of success. Combine TA with FA and more and you'll have the holy grail in your hands. Master it, study it and execute it. Wealth awaits. If you like these article consider giving me a follow @BitEagle News I write guides to make you a better trader
Discover the untapped potential of $WLD Embrace new opportunities and growth in a dynamic, evolving market. Join us to explore the future! #WLDGrowth #MarketPotential PS: you will find a lot of Worldcoin haters on #Binance and I’m still unable to figure out the mythology behind it!
SMPC is next level security! I love the workflow of it.✨
LIVE
Binance News
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Worldcoin Foundation And TACEO Announce Open-Source SMPC System
According to Odaily, the Worldcoin Foundation and the team of crypto engineers at TACEO have announced the open-sourcing of a new Secure Multi-Party Computation (SMPC) system. They have also securely deleted the old iris code. This new method is open-source and can be used in the Github repository. It allows the iris code to be encrypted separately into multiple different secret shares held by multiple parties. This move is a significant step forward in enhancing the security and accessibility of the system.
Debunking the Misinformation Surrounding Worldcoin (WLD): An Evidence-Based Analysis
Worldcoin (WLD) has recently come under scrutiny due to a controversial article making bold claims about its tokenomics, governance, and market dynamics. In this analysis, we dissect the article's assertions, verify their accuracy using up-to-date information, and provide a clear, evidence-based perspective to counter the misinformation.
1. Worldcoin Foundation's Recent Moves and Concerns Claim: A prominent trader on Bybit and a top wallet owner on DeBank doubts Sam Altman and OpenAI's involvement in the eye-scanning protocol of Worldcoin. Verification: Sam Altman’s Involvement: Sam Altman is a co-founder of Worldcoin, but his current role is more passive. OpenAI, led by Altman, has no direct involvement in Worldcoin. Concerns about Altman’s role are partially justified, but recent communications clarify his advisory position rather than daily involvement.
2. $200 Million Erased from Community Allocation Claim: Worldcoin Foundation plans to release $200 million worth of WLD, representing 18% of the circulating supply, to trading firms at a discount. Verification: Token Release: Worldcoin’s tokenomics include periodic releases to maintain liquidity and incentivize network growth. However, no official confirmation supports the claim of a $200 million release to trading firms at a discount. This claim appears exaggerated and lacks direct evidence from Worldcoin’s official channels.Community Allocation: The use of "Community Allocation" to describe tokens sold to trading firms is misleading if not transparently communicated. Worldcoin needs to clarify its token distribution practices to avoid misinterpretations. 3. Inflation Concerns and Supply Dynamics Claim: WLD's inflation rate has reached 0.6% per day, with a potential future rate of 4% per day. Verification: Current Inflation Rate: Based on recent data, Worldcoin distributes 1 million WLD per week to its 1 million active users, which translates to a weekly inflation rate of approximately 0.54%. This aligns with the reported 0.53% rate.Future Inflation Rates: There is no credible source projecting a 4% daily inflation rate. Such a high rate would be unsustainable and likely lead to rapid devaluation. Worldcoin’s actual inflation strategy aims to balance growth and stability, not to impose such extreme inflation pressures. 4. Market Maker Contract Termination Claim: The Foundation ended a market maker contract that was preventing price squeezes on low float. Verification: Market Maker Contracts: These contracts provide liquidity and stabilize prices. No official statements from Worldcoin confirm the termination of such contracts with the alleged intention of manipulating prices. This claim lacks concrete evidence and appears speculative. 5. Retail Holders and Selling Pressure Claim: Retail holders will face $50 million daily selling pressure due to 4% daily inflation starting in July. Verification: Selling Pressure: The projected $50 million daily selling pressure from a 4% daily inflation rate is highly exaggerated. With a current supply of 185.5 million WLD and an inflation rate of approximately 0.54% weekly, the actual impact on selling pressure is significantly lower. 6. Sam Altman's Over-marketing Claim: Sam Altman’s role is over-marketed, and most retail buyers are unaware of his limited involvement. Verification: Marketing Practices: While Sam Altman’s name is used for credibility, recent communications from Worldcoin have clarified his advisory role. The claim of over-marketing is valid to some extent but does not constitute deliberate deception. Conclusion The original article contains several exaggerated and unverified claims. the analysis shows that: Sam Altman's Involvement: Limited but accurately represented in recent communications.$200 Million Token Release: Exaggerated claim with no official confirmation.Inflation Rates: Current rates are much lower than projected; no evidence supports extreme future rates.Market Maker Contracts: Speculative claim with no supporting evidence.Retail Selling Pressure: Exaggerated and not supported by actual inflation data.Marketing Practices: Somewhat over-marketed but not entirely misleading. For accurate information, investors should rely on Worldcoin’s official updates and verified market data. The cryptocurrency market is complex and dynamic; staying informed with credible sources is essential for making sound investment decisions.
It’s really fascinating, amusing and shocking to see people acting all like “ #MrTrader ” who knows all the shit and telling people to invest in a coin like $PEPE that has absolute no utility other than …. Yeah you guessed it right! it’s being used to move big money either between countries that are playing dirty politics or between #DrugCartels #MoneyLaunderers or #ArmsDealers , you think I’m bullshitting, check the money flow and how much the big movers are contributing which is a first for me to see such a massive contribution by them.
Meanwhile #MrDipshit who advocates for Pepe, publishes content on how $WLD is a scam😅 a coin that has a gigantic project behind it with near certainty but future as it is the natural order of things and it only make sense! So keep making Pepe profits you shortsighted puppet in the hands of dirty players!
$WLD is my Ianua to making a fortune! I don’t base it on technical analysis or market sentiment, but it’s my gut feeling. And I believe in it! #Future or #Finance #Fintech & #identity
Here is why my bet is on Worldcoin – And I’m going all in
Dear $WLD enthusiasts! Forget your usual bets – I'm all in on Worldcoin. Since day one when I knew about this project #WorldID by #ToolsForHumanity and I was confident it’s gonna boom, don’t wanna know why? It's simple: When innovation meets opportunity, revolutions follow! With a unique take on digital ID via biometrics and massive adoption on the horizon, this isn't just a coin; it's a revolution. Backed by big names and aiming for global scale, Worldcoin isn't just playing the game – it's changing it. Innovative Vision: Worldcoin is not just another cryptocurrency; it’s a groundbreaking project aiming to create a universal identity system, which I find incredibly forward-thinking. Their vision to integrate digital identity with financial access could redefine global economics. Growing Adoption: The traction that Worldcoin is gaining is undeniable. With a user-friendly app that integrates World IDs and a growing list of partnerships, WLD is expanding its ecosystem rapidly. This user base growth is a critical success factor in the crypto world. Technological Backbone: Built on a robust technological framework and secured by Ethereum, WLD benefits from both innovation and stability. This dual advantage enhances my confidence in the coin’s longevity and potential for scalability. Market Position: Despite the crypto market's volatility, WLD has demonstrated resilience and potential for substantial growth. The team’s strategic moves and community engagement have positioned it well for upcoming market cycles. Given these points, I’m convinced that WLD is not just a good bet but a transformative asset for my portfolio. I’m looking at this as an opportunity for a 10X+ ROI in the coming months, and I am excited to see where this journey takes us. Here's to betting on the future – and seeing you all at the winner's circle! 🌍💫 #Worldcoin #CryptoRevolution #InvestSmart
The curious case of $PDA Coins are baffling; it dumps suddenly and exhibits odd tendencies during a pump. When it ascends, it does so slowly and erratically. The hell is wrong with this coin!