Criptonoticia11
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Crypto Analysis
Worldcoin (WLD) price is 76.23% below its all-time high. Is there hope in the short term?
Hopes for a Worldcoin (WLD) token price recovery appear increasingly remote among investors. Market interest in the digital currency of Sam Altman's project has yet to revive after months of intense pressure. The main question now has to do with the possibilities of recovery in the short term.
Beforehand we must emphasize that this work does not offer an answer to that question. However, some elements are shown that can serve as guidance in possible future scenarios for the currency.
At the time of writing, the coin is at no less than -76.39% compared to the all-time highs in March of this year. At the time, the coin reached an exchange value of $11.71, according to Messari data. However, it did not take long for the problems to begin that ended with the token's collapse.
It is worth noting that this drop was painful, especially for investors who entered late. Among the late capitals that approached the currency, it was assumed that the price would easily reach $20 dollars, considering the explosive upward trend.
Worldcoin's performance in one month is -40%. Source: CoinMarketCap
Are cryptocurrencies a social experiment?
Is there hope for Worldcoin (WLD) price recovery in the short term?
The market sentiment towards the Worldcoin (WLD) price in the short term does not seem very optimistic, and there are plenty of reasons! However, it cannot be said that the conditions are totally negative. In fact, the news about expansion in Latin America and the cancellation of the investigation by regulators in Kenya are highly promising elements.
The fact that one of the most aggressive regulators against the project backed down can be interpreted
Worldcoin (WLD) price is 76.23% below its all-time high. Is there hope in the short term?
Hopes for a Worldcoin (WLD) token price recovery appear increasingly remote among investors. Market interest in the digital currency of Sam Altman's project has yet to revive after months of intense pressure. The main question now has to do with the possibilities of recovery in the short term.
Beforehand we must emphasize that this work does not offer an answer to that question. However, some elements are shown that can serve as guidance in possible future scenarios for the currency.
At the time of writing, the coin is at no less than -76.39% compared to the all-time highs in March of this year. At the time, the coin reached an exchange value of $11.71, according to Messari data. However, it did not take long for the problems to begin that ended with the token's collapse.
It is worth noting that this drop was painful, especially for investors who entered late. Among the late capitals that approached the currency, it was assumed that the price would easily reach $20 dollars, considering the explosive upward trend.
Worldcoin's performance in one month is -40%. Source: CoinMarketCap
Are cryptocurrencies a social experiment?
Is there hope for Worldcoin (WLD) price recovery in the short term?
The market sentiment towards the Worldcoin (WLD) price in the short term does not seem very optimistic, and there are plenty of reasons! However, it cannot be said that the conditions are totally negative. In fact, the news about expansion in Latin America and the cancellation of the investigation by regulators in Kenya are highly promising elements.
The fact that one of the most aggressive regulators against the project backed down can be interpreted
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