Worldcoin Price Prediction as Sam Altman’s New AI Model Goes Viral – $100 WLD Possible?

Last Updated: February 19, 2024 11:24 AM EST | 2 minutes of reading

Source: DALL·E 3

Worldcoin (WLD), the crypto project led by OpenAI CEO Sam Altman, has soared 34% in the past 24 hours to trade at $7.30 at the time of writing. This means that Worldcoin is now 185% higher than it was this time last week.

Much of the weekend’s excitement was fueled by the company’s Friday launch of its text-to-video generator, Sora, which was a hit on social media.

A day after its launch, Worldcoin celebrated the achievement 1 million daily active users for its World App portfolio.

Looking closer, Worldcoin’s chart from the weekend indicates very bullish price action, with frequent cup and handle patterns indicating that the cryptocurrency’s price has even more room to grow in the short term. term.

However, a sudden price depreciation over the past few hours indicates strong selling activity, although the current relative strength index (RSI) of 53 indicates that the factors driving relative prices are all well priced at this point . Overall, this indicates that a near-term rally toward $100 is likely unlikely, although such long-term prospects exist.

Source: TradingView

Wordcoin: an introduction to WLD

Worldcoin received an ambivalent response when it launched last year due to its controversial on-ramp: anyone wanting WLD must visit a “Orb» – some of them are in Berlin, Dubai, London, Mexico, Miami, New York, San Francisco, Seoul and Tokyo – and we take a snapshot of their eyeballs.

This biometric data is used alongside government-issued ID verification to confirm users’ personal identities before issuing them coins.

Worldcoin claims to be building blockchain infrastructure to finance the world’s unbanked, allowing everyone to “share widely in the technological prosperity of the future,” according to its report. website. “Privacy first. Property of everyone. reads the slogan.

But many are skeptical, including Ethereum creator Vitalik Buterin, who wrote a blog post. his concerns of the protocol’s privacy, accessibility, centralization and security and said it could take years for it to work.

This year, the project reached a new high in January when it welcomed 16,000 Orb registrations in a single day, after having exceeded the 5 million mark the previous month.

Less Invasive Global Altcoins

Worldcoin’s WLD may be one of the most intriguing altcoins, but several other coins offer promising room for growth without raising potential privacy alarms. The Ethereum-based Bitcoin Minetrix (BTCMTX) token is one such coin.

Interested investors can acquire it at the current price of $0.0135 before the price increases. The token could be more expensive tomorrow due to its lucrative principle; he increased $11.1 million so far.

BTCMTX leverages Ethereum smart contracts to help investors earn better returns by providing an easy on-ramp to Bitcoin cloud mining. Token holders can mine the world’s favorite cryptocurrency without the need to purchase specialized mining rigs. Interested? Simply buy and stake BTCMTX via the website. There is no minimum purchase and token withdrawal is simple, allowing for low-stakes entry into cloud mining.

The more BTCMTX investors block, the more cloud mining credits they will receive. These represent hashing power. The greater the hashing power, the more cryptographic puzzles the network can attempt to solve at any given time.

This allows anyone to become a validator (i.e. miner) and validate blocks of transactions (i.e. mine) to receive Bitcoin rewards.

The platform rewards staking with more BTCMTX, further fueling the staking/mining cycle and generating two revenue streams.Buy Bitcoin Minetrix here

Warning: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose your entire capital.

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