Worldcoin Price Prediction as WLD Approaches $5 Mark, Is It Time to Buy?
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WLD is up 5% in the last 24 hours with Worldcoin price rising to $4.74 as the cryptocurrency market sees another day of recovery today.
Worldcoin is still down 1% in the last week and 32% in the last 30 weeks. The altcoin founded by OpenAI CEO Sam Altman is also down 59% since its peak of $11.74 on March 10, 2024. WLD’s underperformance in recent periods is likely to lead to a recovery in the coming weeks and days. The broader market is also expected to support it.
Worldcoin price prediction as WLD approaches $5,000 mark – is it time to buy? According to the Worldcoin chart, now seems to be a good time to buy the token. Its indicators suggest that the token’s short-term rally has just begun.
Worldcoin’s Relative Strength Index (purple) rose from 25 to 60 in late April and appears to be continuing its uptrend in the short term.
WLD’s 30-day moving average (orange) is also bullish as it moves towards the 200-day mark (blue) and is likely to surpass the longer-term moving average in the near future.
Although Worldcoin trades on a relatively low volume of $200 million, its lack of depth makes it prone to large swings.
#Worldcoin $Wld
Preparing… pic.twitter.com/XK9o7zDt6x
— FLASH (@THEFLASHTRADING) May 3, 2024
In the short term, Worldcoin is likely to recover in lockstep with the rest of the market, which seems to be regaining momentum after a setback earlier this week.
The Fed’s FOMC meeting this week was the main reason for the drop. Despite fears that rates could rise, the central bank decided to keep the benchmark rate at current levels and announced that it would ease its quantitative tightening policy. This seemed to reassure investors and give the cryptocurrency market, including Worldcoin, a step back. Worldcoin’s pedigree could make it a very successful coin. Recent reports suggest that the project is working on establishing partnerships with PayPal and OpenAI. Both would be huge for WLD’s current price. Mexico will soon have greater access to World ID’s verified proof of humanity. pic.twitter.com/5Fj6ixvIXf
— Worldcoin (@worldcoin) April 29, 2024
Worldcoin is also becoming more widely used in countries like Argentina and has recently expanded to Mexico as well.
Worldcoin’s price could therefore continue to rise in the coming months and reach $6 by the end of the summer.
Token in presale set for faster above-average gains
Worldcoin may have to wait for the market to pick up to really move, causing traders to look elsewhere for short-term gains. There are many meme coins on the market today and while it’s difficult to predict potential winners, successful presales are one way to find out which tokens have the best chances. Dogeverse, the multi-chain cryptocurrency with a strong presale (DOGEVERSE),is a new meme token with a very good presale. It has raised over $13,000,000 in its token offering. Discover $DOGEVERSE MultiChain for speed and savings! #DOGEVERSE is designed to optimize both costs and transaction speeds across different blockchains
By using advanced technology and strategic chain selection, we minimize fees and maximize speeds #AltSeason #BabyDoge pic.twitter.com/jfCvtA9AVW
— DogeVerse (@The_DogeVerse) May 2, 2024
DOGEVERSE is proud to be the first Doge multichain cryptocurrency on the market and will run on Ethereum, Polygon, BNB Chain, Solana, Avalanche, and Base. This means DOGEVERSE can potentially be used on more platforms and apps than it would have been as a single chain token. Plus, with its 120 million hard cap, there will likely be much higher demand, making it a deflationary cryptocurrency.
Additionally, DOGEVERSE holders can stake the coin to earn passive rewards. This will likely remove a large portion of the total supply from circulation. Never underestimate the power and flexibility of choice! $DOGEVERSE is different than others… it allows you to choose your preferred #blockchain.
Choose the #ETH,#SOL,#BNB Chain #BASE #MATIC #AVAX that best fits YOUR speed and cost needs!
— DogeVerse @The_DogeVerse May 2, 2024
These features combined make DOGEVERSE a meme coin to keep an eye on in the coming weeks. Investors can participate in the sale on the official Dogeverse site. They can buy the coin for $0.000305 per token. DOGEVERSE will likely surpass this price once it is listed on exchanges.
Disclaimer – Crypto is a high-risk asset class. This article is for informational purposes only and does not constitute investment advice. You can lose all your capital.
