Worldcoin Price Prediction, will WLD’s price hit $3.62?
Worldcoin’s price at the same time last week was $2.51. It has moved by -4.96 % in the past week and is currently at $2.43. Infact, in the past 24 hours, WLD has pumped by 1.55 %. There is a slight bullish 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 $120376590.39 and the marketcap of WLD remains at $292,446,945
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/X
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/X
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.
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.
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.
World Assets Ltd. decided to extend the initial loan agreements until December 15, 2023, with a reduced loan amount of 75 million WLD in total while leaving all other terms of the agreements unchanged.
How does Worldcoin work?
Source: Worldcoin/X
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/X
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.
- October 11, 2023: The project's state bridges were updated to use a new architecture that saved gas and enabled anyone to easily create a bridge for any Ethereum Virtual Machine (EVM) compatible chain.
- October 25, 2023: The Worldcoin project increased World ID access in Germany.
- November 1, 2023: World App reached over 4 million downloads.
- November 3, 2023: World App released an update that allowed users to customize their experience with multiple languages and local currencies to meet global growth demands.
WLD Price Analysis
The daily chart of WLD showcased a bullish trend, with the token's price demonstrating a strong upward trajectory. Initially, the price found support at $1.4, initiating a pattern of ascending highs and lows, indicative of a robust buyer grip.
WLD daily chart
This upward movement was further accentuated as the price surged from a subsequent support level of $1.7, culminating in a significant peak of $2.3 in November. However, this period of growth was not without its challenges.
The controversy surrounding Altman's temporary departure and subsequent reinstatement at OpenAI was mirrored in WLD's price fluctuations, as the token dipped temporarily in mid-November but then regained momentum, breaking past the $2.3 resistance.
As November drew to a close, the token reached its highest resistance at $2.7. Nonetheless, this peak was short-lived and was met with rejection, bringing the price back down to its support at $2.3. As the analysis ended, WLD was trading at $2.4, thus establishing $2.5 as a new resistance level.
The trading volume commenced on a lower note but exhibited significant surges, especially as the token's price rallied from the $1.7 support level. These volume spikes were critical in reaffirming the bullish trend.
However, as the analysis period neared its end, a noticeable decrease in trading volume was observed, coinciding with the price retracement below the $2.5 resistance level. This decline in volume could be indicative of reduced trader interest or market uncertainty at higher price levels.
The Relative Strength Index (RSI) maintained a position predominantly above the midline (50), signaling a generally bullish market sentiment. It reached an overbought state in mid-November, peaking at 72.97.
Subsequently, the RSI experienced a downturn yet remained above 50, closing at 54.85. This pattern suggested that while the market retained its bullish bias, it was also undergoing a phase of normalization after reaching overbought conditions.
The On-Balance Volume (OBV) indicator mirrored the price movements closely, with a marked ascent at the beginning of the analysis period. This ascent in OBV, characterized by higher peaks and troughs, aligned with the price increase, reinforcing the strength of the bullish trend. However, towards the end of November, the OBV showed a slight downward momentum, possibly indicating a shift in market dynamics and a potential weakening of the bullish trend.
Should you consider buying WLD?
Based on the analysis, it appears that WLD has experienced a strong bullish phase, but recent indicators suggest a possible moderation in this trend. For those looking to enter the market, targeting buying positions between $1.4 and $1.5 might be strategic.
However, it is important to monitor the volume and RSI closely for any signs of a trend reversal or continued bullish momentum. As always, it is advisable to consider broader market conditions and conduct due diligence before making any investment decisions.
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 107,509,283. Worldcoin has gone up by 33.52% 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 |
| 7 December 2023 | $0.8 | $0.75 | $0.86 |
| 8 December 2023 | $0.8 | $0.75 | $0.86 |
| 9 December 2023 | $0.79 | $0.73 | $0.85 |
| 10 December 2023 | $0.78 | $0.73 | $0.84 |
| 15 December 2023 | $0.73 | $0.68 | $0.79 |
| 20 December 2023 | $0.72 | $0.67 | $0.77 |
| 30 December 2023 | $0.66 | $0.61 | $0.7 |
Worldcoin price prediction 7 December 2023: Worldcoin's price for 7 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 8 December 2023: Worldcoin's price for 8 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 9 December 2023: Worldcoin's price for 9 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 10 December 2023: Worldcoin's price for 10 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 15 December 2023: Worldcoin's price for 15 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 20 December 2023: Worldcoin's price for 20 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 30 December 2023: Worldcoin's price for 30 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 $2.43, with a market cap of $292,446,945 and trading volumes of $107,509,283. 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.
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FAQs about Worldcoin
Worldcoin’s current price is $2.43 and witnessed a 1.55% increase in the past 24 hours. WLD/BTC pair saw a -3.23% 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 1.55% increase and over the past 30 days Worldcoin has increase by 33.52%. 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 $2.43
