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Bullish Outlook on Worldcoin (WLD) at Upcoming NVDA Conference
Find out why a well-known crypto trader is bullish on Sam Altman's Worldcoin (WLD) project. He also gives assessments on the cryptocurrencies Solana (SOL) and Avalanche (AVAX). Learn more about potential investment opportunities in artificial intelligence and don't miss any important information.
Bullish Outlook on Worldcoin (WLD) at Upcoming NVDA Conference
A well-known cryptocurrency trader is bullish on Sam Altman's identity-based crypto project Worldcoin (WLD). The trader, who goes by the pseudonym The Flow Horse, tells his 200,300 followers on social media platform X that the Worldcoin cryptocurrency could potentially reverse the $10 level as support. He also suspects that Worldcoin could benefit from the upcoming GTC conference from Nvidia, the leading provider of chips specifically designed for training and running AI applications. This could increase interest in projects related to artificial intelligence (AI).
Worldcoin is currently trading at $9.50 and is down almost 7% in the last 24 hours.
The trader also believes that Solana (SOL), a competitor to Ethereum (ETH), could rise by more than 22% if it breaks above the $150-160 mark. Solana is currently trading at $163.81 and is up 10.5% in the last 24 hours.
Next, the trader rates Avalanche (AVAX), another Ethereum competitor, as promising. He sees further upside opportunities for Avalanche after the cryptocurrency broke the $50 level and recorded high trading volume. AVAX is currently trading at $54.24 and is up more than 29% in the last week.
It is important to note that The Flow Horse trader's forecasts and opinions are not investment advice and investors should always conduct their own due diligence before buying or selling any cryptocurrency or digital asset. Losses incurred during transfers or trading activities are the responsibility of the investor.
Here is a table with the current trading prices of the mentioned cryptocurrencies:
| Cryptocurrency | Price |
|---|---|
| Worldcoin (WLD) | $9.50 |
| Solana (SOL) | $163.81 |
| Avalanche (AVAX) | $54.24 |
It remains to be seen whether the trader's predictions will come true and whether the mentioned cryptocurrencies will actually make the expected movements.
About Worldcoin
Worldcoin is an identity-based crypto project founded by Sam Altman, the former president of Y Combinator. Worldcoin aims to create a decentralized identity solution based on blockchain technology. By linking identity data to a cryptocurrency, Worldcoin aims to increase cryptocurrency adoption rates and improve access to financial services for people around the world.
About Solana
Solana is a cryptocurrency positioned as a competitor to Ethereum. Solana offers a scalable and fast blockchain platform for developing decentralized applications (DApps) and smart contracts. Using a technology called Proof of History (PoH), Solana aims to offer high performance and low transaction costs.
About Avalanche
Avalanche is another cryptocurrency that is considered a competitor to Ethereum. Avalanche provides a scalable and interoperable platform for developing decentralized finance (DeFi) applications and smart contracts. Avalanche's main goal is to solve Ethereum's scalability issues and provide a faster and cheaper alternative.
It is important to note that investing in cryptocurrencies involves significant risks and that markets are volatile. Investors should always conduct their own due diligence and exercise caution when making decisions to invest in cryptocurrencies.