Worldcoin Price Prediction, will WLD’s price hit $3.62?
Worldcoin’s price at the same time last week was $2.74. It has moved by -4.33 % in the past week and is currently at $2.38. Infact, in the past 24 hours, WLD has dumped by -3.34 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and WLD could hit $3.62 in 2024.
The total circulating supply of Worldcoin as of writing this article was $118737474.59 and the marketcap of WLD remains at $283,643,730
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
About Worldcoin
Worldcoin (WLD): An overview
Source: Worldcoin/Twitter
Worldcoin (WLD) is envisioned as a global identity and financial network to enhance economic accessibility and online identity verification. The central aim of Worldcoin is to provide every individual on Earth with a verified digital identity that could potentially address challenges and opportunities in the era of artificial intelligence (AI).
The platform operates as an open-source protocol and is supported by a community of developers, individuals, economists, and technologists committed to expanding global economic participation. The Worldcoin Foundation acts as the steward to support and grow the Worldcoin community until it becomes self-sufficient.
WLD
Source: Worldcoin/Twitter
WLD operates as an ERC-20 token on the Ethereum (ETH) mainnet. User grants are distributed on the Optimism (OP) mainnet, implying that the majority of WLD transactions are expected to occur on the Optimism network.
WLD is designed as a utility token with governance properties, shifting from "one-token-one-vote" to "one-person-one-vote" mechanisms through the World ID system. As the platform grows, the token could have diverse utilities, including payments, remittances, or signaling support for various causes within the World App or other platforms.
A fixed supply cap of 10 billion WLD is set for 15 years after launch, enforced by the WLD smart contract. Post the 15-year mark, governance may introduce an inflation rate of up to 1.5% per annum for protocol sustainability.
Here’s a breakdown of the initial allocation:
- Community: A substantial portion, 75% of the tokens, is designated for the community to foster engagement and growth.
- Tools for Humanity (TFH) investors: These investors are allocated 13.5% of the tokens as part of the project's financial backing.
- Initial development team: The team behind the project is allocated 9.8% of the tokens, acknowledging their pivotal role in the development.
- Reserve: A reserve of 1.7% is set aside for unforeseen necessities or future initiatives.
Prior to launch, 7.5 billion WLD earmarked for the Worldcoin Community were minted. However, as mentioned earlier, the bulk of these tokens are set to undergo a 15-year vesting period.
The WLD token was launched with a maximum circulating supply of 143 million, detailed as follows:
- 43 million WLD allocated to users verified with the Orb during the pre-launch phase.
- 100 million WLD loaned to market makers outside the US for three months.
There hasn’t been an initial coin offering (ICO) for the WLD token. Free WLD tokens can only be claimed via the World App, with no provisions for airdrops outside this platform.
How does Worldcoin work?
Source: Worldcoin/Twitter
Worldcoin is built around the concept of Proof of Personhood (PoP), which aims to ensure that each participant in the network is a unique human being, thus addressing the challenges of Sybil attacks. Here's a deeper dive into the core components and concepts:
PoP
PoP within Worldcoin establishes a system to verify individuals' uniqueness and human status, which is crucial for applications like global universal basic income (UBI) or democratic AI governance. The primary building blocks of PoP are deduplication, authentication, and recovery.
Deduplication ensures a one-time verification per individual, authentication validates the rightful owner of PoP credentials, and recovery provides solutions for lost or compromised credentials. Users, issuers, and verifiers are core actors in the PoP ecosystem.
World ID
World ID, a foundational component of the Worldcoin ecosystem, serves as an open and permissionless identity protocol, enabling selective disclosure of credentials by various entities. Its high-assurance PoP mechanism is primarily implemented using the Orb, a custom biometric imaging device developed by TFH.
The Orb operates by scanning individuals' irises, capitalizing on the unique pattern each iris possesses—akin to fingerprints—thereby ensuring a secure and privacy-preserving verification of uniqueness and humanness.
World App
The World App acts as a repository for the World ID and a wallet for managing various cryptocurrencies, including Worldcoin's native token. This app is designed for inclusivity and leverages both the Worldcoin and Ethereum protocols.
Moreover, the app is focused on preserving users' privacy while providing access to a growing roster of decentralized finance (DeFi) applications.
The genesis of Worldcoin
Source: Worldcoin/Twitter
Worldcoin was founded by Sam Altman and Alex Blania. Altman, the CEO of OpenAI, played a pivotal role in the genesis of Worldcoin. Currently, Blania is the CEO of Worldcoin.
TFH is a tech firm focused on fostering a just economic system. It pioneered Worldcoin’s development and manages the World App but operates independently from the Worldcoin Foundation.
In 2021, the founders articulated their vision for Worldcoin as a driver for a more equitable global economy. The inaugural funding round commenced the same year, with significant investments from Andreessen Horowitz and Khosla Ventures, among others.
Fast forward to May 2023, Worldcoin marked its latest financial milestone with a Series C funding round, raising $115 million under the leadership of Blockchain Capital.
During its developmental phase, Worldcoin faced several challenges and criticisms, including accusations of taking advantage of lower-income communities for data collection. However, despite these hurdles, Worldcoin continued to evolve, garnering significant attention and user adoption.
Here are some of its major achievements:
- January 13, 2023: Worldcoin surpassed 1 million sign-ups.
- March 14, 2023: World ID and SDK were introduced.
- May 8, 2023: The World App was launched.
- July 13, 2023: Worldcoin surpassed 2 million World ID sign-ups.
- July 20, 2023: Worldcoin completed its migration to the Optimism mainnet.
- July 20, 2023: The Worldcoin’s World ID SDK became publicly available.
- July 24, 2023: WLD was launched
- September 18, 2023: The World App update slashed the load on Optimism by two-thirds.
- September 24, 2023: Over 200,000 people in Chile verified their World ID.
WLD Price Analysis
The daily chart for WLD in the period under review revealed a captivating tussle between bullish and bearish market participants. At the time this analysis was done, WLD had positioned itself at a trading price of $1.6.
WLD weekly chart
When recounting its historical trajectory, it is noteworthy that WLD embarked on its market presence with an inaugural price of just $0.1. Impressively, this token closed at a commendable high of $5.2.
However, not all was smooth sailing for WLD. A notable point of contention for the token arose around the $2.4 mark. This price point proved to be a formidable resistance level, from which the token experienced considerable rejection.
This resistance consequently prompted a series of declines. By the month of September, these retractions culminated in WLD dropping to its most pronounced support level of $1 for the period in question.
The subsequent period saw an attempt by the bulls to reclaim their dominance. They initiated a spirited rally, driving the price upwards with a renewed vigor. However, the resilience of the bears was once again demonstrated when the token met another resistance at the $1.8 mark.
This resistance pushed the token downwards, causing it to settle at the present support level of $1.4. It became evident that any further decline beyond this support would probably lead WLD into a rapid descent towards the $1 mark.
In terms of volume, it predominantly mirrored the price actions. As the token ascended in value, discernible spikes in trading volume were observable. Such volume-price synchronicity often underscores the strength and conviction behind price movements.
Regarding the Relative Strength Index (RSI), its performance presented an interesting tale. It initiated its course beneath the neutral threshold of 50. The token's sentiment even deteriorated to the extent of entering the oversold territory, marked by readings below 30, on several occasions.
However, a notable turnaround emerged in mid-September, where the RSI surged past the neutral 50, peaking at 64.99 by month's end. Yet, this momentum was short-lived. After reaching its apex, it retraced its steps, plunging momentarily below the 50 line, only to resurface with a current value of 56.19.
The Chaikin Money Flow (CMF) initially crossed the pivotal zero line in September. It managed to sustain its position above this level, albeit experiencing three brief descents. However, October saw a more pronounced dip, causing the CMF to settle at a negative reading of -0.14.
Should you consider buying WLD?
Drawing from the comprehensive insights furnished by the volume, RSI, and CMF indicators, the WLD token showcases a scenario of mixed sentiments.
However, the recent CMF dip into the negative, and the fluctuating RSI suggests caution. Traders contemplating an entry might consider targeting a buying range near the $1 mark, given its historical significance as a staunchly defended level. Yet, like any investment, potential risks remain, and it's imperative to be informed and cautious in decision-making.
Worldcoin Price Prediction
Worldcoin has had an eventful 2021. To simplify the latest WLD price prediction, we have divided up the prediction by short term Worldcoin price prediction and long term Worldcoin price prediction. As of writing this article, WLD had a trading volume of 107,806,515. Worldcoin has gone up by 27.98% in the past 30 days.
According to our analysis in the short term, Worldcoin price prediction for February 2024 shows the average price of WLD at 2.60 and the highest possible price for February 2024 would be $2.78.
Further, according to our analysis in the long term, Worldcoin price prediction for June 2024 shows the average price of WLD at 2.75 and the highest possible price for June 2024 would be $2.94.
Worldcoin's Short Term Price Prediction
| Date | Avg Price | Lowest Price | Highest Price |
| 5 December 2023 | $0.8 | $0.75 | $0.86 |
| 6 December 2023 | $0.8 | $0.74 | $0.86 |
| 7 December 2023 | $0.79 | $0.73 | $0.85 |
| 8 December 2023 | $0.78 | $0.73 | $0.84 |
| 13 December 2023 | $0.73 | $0.68 | $0.79 |
| 18 December 2023 | $0.72 | $0.67 | $0.77 |
| 28 December 2023 | $0.66 | $0.61 | $0.7 |
Worldcoin price prediction 5 December 2023: Worldcoin's price for 5 December 2023 according to our analysis should range between $0.75 to $0.86 and the average price of WLD should be around $0.8.
Worldcoin price prediction 6 December 2023: Worldcoin's price for 6 December 2023 according to our analysis should range between $0.74 to $0.86 and the average price of WLD should be around $0.8.
Worldcoin price prediction 7 December 2023: Worldcoin's price for 7 December 2023 according to our analysis should range between $0.73 to $0.85 and the average price of WLD should be around $0.79.
Worldcoin price prediction 8 December 2023: Worldcoin's price for 8 December 2023 according to our analysis should range between $0.73 to $0.84 and the average price of WLD should be around $0.78.
Worldcoin price prediction 13 December 2023: Worldcoin's price for 13 December 2023 according to our analysis should range between $0.68 to $0.79 and the average price of WLD should be around $0.73.
Worldcoin price prediction 18 December 2023: Worldcoin's price for 18 December 2023 according to our analysis should range between $0.67 to $0.77 and the average price of WLD should be around $0.72.
Worldcoin price prediction 28 December 2023: Worldcoin's price for 28 December 2023 according to our analysis should range between $0.61 to $0.7 and the average price of WLD should be around $0.66.
Worldcoin's Long Term Price Prediction
Worldcoin’s long term Price Prediction below is a look at WLD’s future prospect with regards to price. Worldcoin was last seen at $2.38, with a market cap of $283,643,730 and trading volumes of $107,806,515. WLD’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
| Years | Avg Price | Lowest Price | Highest Price |
| 2024 | $3.02 | $2.41 | $3.62 |
| 2025 | $3.56 | $2.84 | $4.27 |
| 2026 | $4.19 | $3.35 | $5.03 |
| 2027 | $4.94 | $3.95 | $5.93 |
| 2028 | $5.82 | $4.66 | $6.99 |
| 2029 | $6.87 | $5.49 | $8.24 |
| 2030 | $8.09 | $6.48 | $9.71 |
| 2031 | $9.54 | $7.63 | $11.45 |
| 2032 | $11.25 | $9.00 | $13.50 |
| 2033 | $13.26 | $10.61 | $15.91 |
Worldcoin price prediction 2024: Worldcoin's price for 2024 according to our analysis should range between $2.41 to $3.62 and the average price of WLD should be around $3.02.
Worldcoin price prediction 2025: Worldcoin's price for 2025 according to our analysis should range between $2.84 to $4.27 and the average price of WLD should be around $3.56.
Worldcoin price prediction 2026: Worldcoin's price for 2026 according to our analysis should range between $3.35 to $5.03 and the average price of WLD should be around $4.19.
Worldcoin price prediction 2027: Worldcoin's price for 2027 according to our analysis should range between $3.95 to $5.93 and the average price of WLD should be around $4.94.
Worldcoin price prediction 2028: Worldcoin's price for 2028 according to our analysis should range between $4.66 to $6.99 and the average price of WLD should be around $5.82.
Worldcoin price prediction 2029: Worldcoin's price for 2029 according to our analysis should range between $5.49 to $8.24 and the average price of WLD should be around $6.87.
Worldcoin price prediction 2030: Worldcoin's price for 2030 according to our analysis should range between $6.48 to $9.71 and the average price of WLD should be around $8.09.
Worldcoin price prediction 2031: Worldcoin's price for 2031 according to our analysis should range between $7.63 to $11.45 and the average price of WLD should be around $9.54.
Worldcoin price prediction 2032: Worldcoin's price for 2032 according to our analysis should range between $9.00 to $13.50 and the average price of WLD should be around $11.25.
Worldcoin price prediction 2033: Worldcoin's price for 2033 according to our analysis should range between $10.61 to $15.91 and the average price of WLD should be around $13.26.
Top Coins Price Predictions
Converter
Similar Long Term Price Predictions
A Historical look at Worldcoin, WLD’s price
WLD/USD Pair
WLD/Euro Pair
FAQs about Worldcoin
Worldcoin’s current price is $2.38 and witnessed a -3.34% decrease in the past 24 hours. WLD/BTC pair saw a -8.02% decrease in the past 24 hours
Investing in Worldcoin, WLD will purely depend on your personal risk appetite. As you can see over the past 24 hours Worldcoin’s price has witnessed a -3.34% decrease and over the past 30 days Worldcoin has increase by 27.98%. So it all depends on if this investment will hit your trading goals.
According to our latest Worldcoin Price prediction for 2023, WLD should vary between $3.07 and $2.05. Please keep in mind that the crypto market is very volatile and this Worldcoin price prediction does not account for extreme wild swings in price.
As per the Worldcoin price prediction 2023 model above, WLD’s price for December 2023 should range between $2.05 to $3.07 with the average price for December being $2.56
According to the Worldcoin Price Prediction model above, WLD’s price in 2024 would be $3.02. This price would however would range from $3.62 and $2.41.
According to the Worldcoin Price Prediction model above, WLD’s price in 2025 would be $3.56. This price would however would range from $4.27 and $2.84.
According to the Worldcoin Price Prediction model above, WLD’s price in 2026 would be $4.19. This price would however would range from $5.03 and $3.35.
According to the Worldcoin Price Prediction model above, WLD’s price in 2027 would be $4.94. This price would however would range from $5.93 and $3.95.
According to the Worldcoin Price Prediction model above, WLD’s price in 2028 would be $5.82. This price would however would range from $6.99 and $4.66.
According to the Worldcoin Price Prediction model above, WLD’s price in 2029 would be $6.87. This price would however would range from $8.24 and $5.49.
According to the Worldcoin Price Prediction model above, WLD’s price in 2030 would be $8.09. This price would however would range from $9.71 and $6.48.
According to the Worldcoin Price Prediction model above, WLD’s price in 2031 would be $9.54. This price would however would range from $11.45 and $7.63.
According to the Worldcoin Price Prediction model above, WLD’s price in 2032 would be $11.25. This price would however would range from $13.50 and $9.00.
According to the Worldcoin Price Prediction model above, WLD’s price in 2033 would be $13.26. This price would however would range from $15.91 and $10.61.
The highest price for Worldcoin was recorded in 24 July 2023 during which WLD hit an All Time High of $3.30
The price of 1 Worldcoin according to current market rate is $2.38
