Worldcoin (WLD) price: will it explode or implode?

Worldcoin (WLD) zeigt Anzeichen einer Erholung, nachdem er sich von einem kritischen Unterstützungsniveau erholt hat. Er entfacht damit erneut Diskussionen über sein Potenzial, weiter zu steigen. Aufgrund dieser Entwicklung stellt sich die Frage, ob der Kurs von Worldcoin (WLD) in naher Zukunft explodieren oder eher implodieren wird.

How has the Worldcoin (WLD) price developed in the last few days?

The current price of Worldcoin (WLD) is $4.76 with a 24-hour trading volume of $1.46 billion. The market capitalization is $882.60 million and the market dominance is 0.04%. Within the last 24 hours, the WLD price recorded a decline of -12.52%.

The maximum price of Worldcoin was reached on March 10, 2024 at $11.78, while the lowest price was on September 13, 2023 at $0.974102. After the all-time high, the lowest price observed was $3.83 (cycle low), and the highest price level after the cycle low was $4.81 (cycle high). The current sentiment for Worldcoin price prediction is seen as rather bullish, with a Fear & Greed Index value of 72 (Greed).

In terms of token supply, Worldcoin has a circulating supply of 185.45 million WLD tokens with a maximum supply of 10.00 billion WLD tokens.

Will Worldcoin price grow?

The altcoin’s network growth chartexhibits fluctuations typical of the dynamic cryptocurrency market. Despite these fluctuations, the overall trend shows consistent growth over a longer period of time. However, there was a recent correction after the price retreated from its peak of $12 on March 11.

Network growth reflects the daily creation of new addresses on the network.The total number of WLD holders has continued to rise, indicating continued confidence in Worldcoin's potential and a growing user base that believes in Worldcoin's value over the long term.

The future price development of Worldcoin will be influenced by several factors. Proximity to the cycle high could lead to increased volatility, especially given the coin's historical price movements. Despite high liquidity, Worldcoin has only experienced 12 green trading days in the last 30 days, indicating a market slowdown and potential problems in maintaining positive momentum.

Where is the Worldcoin price heading?

The current decline in the Worldcoin price of around 59% from its all-time high suggests a consolidation or accumulation phase before further price movements may be on the horizon. With less than 2% of the total Worldcoin supply in circulation, the low circulation rate could lead to price volatility and influence market behavior.

Given these developments and supply dynamics, the future of Worldcoin price could be uncertain and highly dependent on market sentiment, external factors and investor behavior. The proximity to the cyclical peak, current market trends, and supply suggest that both explosive price moves and corrections are possible, depending on market conditions and events.

Final Thoughts

Despite Worldcoin's resilience and long-term potential, investors should carefully monitor market conditions and key indicators to assess the likelihood of a price explosion or implosion. External developments, market sentiment and the supply situation are expected to be decisive for the further price development of Worldcoin.