Worldcoin ($WLD ) Price Prediction:
Worldcoin ($WLD ) has recently experienced a significant price surge, increasing by over 24% in the past 24 hours, reaching approximately $1.56. This uptick is attributed to renewed investor interest and a $135 million funding round led by major venture capital firms.
Technical Analysis
Technical indicators suggest a bullish trend for WLD. The Awesome Oscillator and Bull Bear Power indicators are in positive territory, indicating strong buying momentum. The Relative Strength Index (RSI) has bounced off the neutral line, further supporting bullish sentiment.
Price Predictions
Short-Term (2025): CoinCodex forecasts WLD's price to fluctuate between $0.417 and $1.528 in May 2025, with an average price of $0.734.
Mid-Term (2025-2026): Binance predicts a gradual increase, estimating WLD to reach $1.64 by 2026.
Long-Term (2030): CoinLore projects a potential price of $23.08 by 2030, while WalletInvestor offers a more conservative estimate of $0.1593.
Project Fundamentals
Worldcoin aims to establish a global identity and financial network through its iris-scanning device, the Orb, and the World App. The project envisions applications ranging from secure point-of-sale systems to verifying human identity in digital interactions.
Regulatory Considerations
Worldcoin faces regulatory scrutiny in several countries due to concerns over biometric data collection. Investigations and suspensions have occurred in regions including Spain, Kenya, and Hong Kong.
Conclusion
Investing in WLD presents both opportunities and risks. The project's innovative approach to digital identity and recent funding are promising. However, regulatory challenges and market volatility warrant caution. Potential investors should conduct thorough research and consider their risk tolerance before investing in WLD.