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Worldcoin Price Prediction 2024 – 2033: How High Will WLD Go?

Worldcoin Price Prediction 2024-2033

Worldcoin, spearheaded by OpenAI chief Sam Altman, launched on Monday, 24 July 2023, after years in development, promising to verify users’ identity by iris-scanning and potentially solving one of the more pressing problems posed by recent advances in artificial intelligence. When it surged in price as an opening salvo, there was a flurry of criticisms about it, but a placating long essay by Vitalik Buterin seems to have illuminated naysayers.

WorldCoin, which has no relation to Altman’s Worldcoin, experienced a significant surge between May 15 and May 17, despite no new updates from the project. Instead, the surge likely came from the latest buzz around Altman’s project, leading to confusion among investors. The obscure token, launched in 2013 with a market cap of about $9 million, benefited from the success of its namesake.  Altman’s Worldcoin has WLD as its native token, while WorldCoin (with a capital C) has WDC as its token, so please take note.

Given that a key use of the blockchain, the technology underpinning cryptocurrencies and other distributed networks, is to obscure one’s identity, others disagree with the very premise of Worldcoin being used to identify people in such a personal and precise manner. How do we weigh in? The crypto landscape is as wide as the creators, supporters, and dissidents will make of it. As bystanders, let’s objectively decide if we want to cash in on this trending phenomenon.

How Much is Worldcoin (WLD) Worth?

Today’s Worldcoin price is $4.75 with a 24-hour trading volume of $251,890,207. Worldcoin is down 0.04% in the last 24 hours. The current CoinMarketCap ranking is 86, with a live market cap of $930,805,655. It has a circulating supply of 197,118,011 WLD coins and a max. supply of 10,000,000,000 WLD coins.

Worldcoin Price Analysis: WLD Nosedives To Lows of $4.75 After a Continued Bearish Run

  • Worldcoin (WLD) has been making headlines lately in the crypto market but has started to experience a downturn.
  • WLD has been on a bearish streak and dropped as low as $4.75 today – the lowest it has ever been since its launch.
  • The price of WLD is now facing significant pressure due to recent news that some of the key developers have left the project.

Wordcoin price analysis on 27th April 2024 shows the altcoin has formed a descending triangle pattern. This suggests a strong bearish movement shortly, as WLD has been going down for weeks. Worldcoin is trading at $4.75, down by over 0.04% in the last 24 hours.

The Worldcoin token (WLD) has maintained a steady price between $4.43 and $4.88 since launching on March 24. Investor sentiment on Worldcoin is mixed, with some enthusiastic about its potential as a blockchain-based digital identity system, while others are cautious given regulatory uncertainty. Retail investors appear to be the main buyers so far. Over 50 altcoins have been labeled securities by the SEC, so institutional investors may be wary until Worldcoin’s status is clearer.

Data privacy watchdogs in Germany and Kenya have already started investigating Worldcoin’s eyeball-scanning practices over public safety concerns. Regulatory scrutiny is generally seen as negative for crypto projects. Worldcoin claims its system is private and anonymous by default, but it is working closely with regulators as investigations continue.

Worldcoin Daily Chart Analysis: Bears Mount Pressure on WLD

The daily chart for WLD/USD shows that the digital asset is currently trading in a descending triangle pattern. This indicates a bearish continuation, as the price has been falling since late July. The MACD oscillator also confirms this trend, with the histogram moving lower and below the zero line.

WLD/USD 1-day price chart By; TradingView

The price of WLD is approaching the EMA50 support level, a line that historically held as support. If the price breaks through this barrier, it could open the door to further losses. On the flip side, if WLD bounces off this point and reclaims above $4.00, we could see a trend reversal. The Fibonacci retracement levels also point to a bearish situation. The 0.004% and 20% Fibonacci support levels are located at $4.40 and $4.43, respectively. If the price of WLD falls below these levels, it could signal further losses in the near future.

Worldcoin Technical Analysis on a 4-hour Chart: WLD Forms a Bearish Flag Pattern

The 4-hour chart for WLD/USD suggests that the altcoin is forming a bearish flag pattern. This indicates that the bears are in control and could push the price lower in the near future. The MACD oscillator also supports this trend, with the histogram moving below zero and continuing to decline.

WLD/USD 4-hour price chart By; TradingView

The Relative Strength Index (RSI) also shows a bearish outlook. The indicator is currently in the oversold territory and could soon break below 30. This could signal that the trend may be exhausted and that a reversal could be in order. On the upside, if WLD reclaims above $4.00, buyers will look to target the next major resistance level at $4.48. If the price rises above this point, it could signal a trend reversal and an opportunity to go long on the altcoin.

What To Expect From Worldcoin Price Analysis

Worldcoin (WLD) is currently experiencing a bearish period as the price has dropped to new lows of $4.75 today. The digital asset is forming a descending triangle pattern, which could indicate further losses in the near future. The MACD oscillator and RSI both confirm this trend as well, with both indicators signaling a bearish outlook. The key support level to watch out for is EMA50 at $4.43, which buyers will look to target in the event of a reversal. 

Is Worldcoin a good investment?

In a stunning display of market performance, WLD has seen an astronomical rise of over 170% in the past week, capturing the attention of investors and crypto enthusiasts worldwide. The price of $WLD soared to $8, marking a significant 42.60% increase in just 24 hours and a 200% surge on the weekly charts. This remarkable growth has sparked widespread interest, as market watchers keenly observe the crypto landscape for what lies ahead. The surge aligns with a major milestone for the Worldcoin community, celebrating over 1 million subscribers to the World App, indicating a burgeoning adoption that could be driving the token’s impressive rally.Lets take a closer look at the factors driving Worldcoin’s recent surge.

Milestone Achievement and Tokenomics: A Dual Force

The recent achievement of the World App, Worldcoin’s dedicated wallet, surpassing 1 million daily users is a testament to the project’s growing appeal. This milestone, reached on February 17, 2024, has not only bolstered community morale but has also played a pivotal role in propelling the $WLD prices upwards.

The tokenomics of Worldcoin reveal a total supply of 10 billion WLD coins, with a current valuation of $74.71 billion. A closer examination shows a circulating supply of 130.76 million $WLD, which constitutes about 1.31% of the total supply, highlighting the scarcity that may be contributing to the price surge. The distribution plan further allocates 75% to the Worldcoin Community, underscoring the project’s commitment to its user base.

Investor Confidence and Strategic Moves

The investor community has shown robust confidence in Worldcoin, evidenced by the project’s successful fundraising efforts, amassing $240 million across three rounds. The backing of heavyweight investors such as Blockchain Capital, Andreessen Horowitz, and Coinbase Ventures, among others, has lent significant credibility and financial support to the project.

Additionally, the strategic withdrawal of 2.8 million $WLD from major exchanges by prominent players indicates a savvy trading tactic, possibly tightening supply and fueling the price momentum.

Whale Activities and Alameda’s Holdings

Significant whale activities have also been a contributing factor to the recent price movements. Notably, a substantial accumulation of 2.09 million WLD by a single entity from a central exchange (CEX) triggered a 25% price pump.

Furthermore, Alameda Research’s holding of 25 million WLD, despite the firm’s bankruptcy, has sparked speculation and interest in the token’s future movements. These actions reflect the strategic plays at work within the Worldcoin ecosystem, potentially influencing the token’s valuation.

AI and Market Sentiments: The Underlying Momentum

The enthusiasm surrounding Worldcoin is not solely based on its market performance. The project’s association with AI, particularly through Sam Altman’s involvement and the buzz around Sora, a text-to-video platform, has added a layer of optimism. This AI-driven excitement, coupled with bullish market sentiments ahead of significant crypto events like the Bitcoin halving, has created a favorable backdrop for $WLD’s surge. The derivatives data for the WLD token, showing a significant jump in open interest, further mirrors the optimistic outlook among investors.

Worldcoin Recent News

Worldcoin faces intense scrutiny from regulatory authorities worldwide due to serious data privacy concerns. In Hong Kong, the Office of the Privacy Commissioner for Personal Data (PCPD) is actively investigating the company’s biometric data collection practices, focusing particularly on iris scans. This probe, marked by recent raids on Worldcoin’s Hong Kong offices, highlights the PCPD’s commitment to enforcing data privacy laws rigorously.

Simultaneously, Worldcoin has faced significant challenges in Kenya, where the company’s approach to data management has drawn criticism and legal complications. A Kenyan court ruling critiqued the laxity of state agencies in handling data associated with Worldcoin, deeming the cancellation of a relevant certificate as an inadequate response to cover up negligence in data handling. This led to calls from Members of Parliament for Worldcoin to be blacklisted in Kenya

Worldcoin’s Controversies, Skepticism, and the Reality of Post-Launch Sign-ups

Worldcoin has been the subject of controversy and skepticism due to privacy concerns. The registration process requires users to scan their iris using a device called “The Orb,” which is available at specific locations globally. After human verification, users receive a “World ID” and 25 WLD, the project’s native token, valued at approximately $60. The safety of “The Orb” and the handling of sensitive data have been questioned, with notable individuals like Jack, the former CEO of Twitter, and Vitalik Buterin, the co-founder of Ethereum, voicing their concerns.

The project boasted an impressive 2 million sign-ups before its launch. However, the numbers post-launch tell a different story. Hong Kong, one of the cities with the highest number of sign-ups, reported about 600 sign-ups across three designated locations on the first day. Heather Huang, an operator of one of the Orbs in the city, claimed that these 600 sign-ups made up nearly half of the total Worldcoin sign-ups on launch day. If true, this suggests that only around 1,200 people signed up on launch day, a figure significantly lower than the pre-launch claims.

Worldcoin Price Prediction 2024 – 2033

Cryptopolitan Worldcoin Price Prediction 2024 – 2033

YearMinimumAverageMaximum
2024$6.16$14.39$15.03
2025$14.72$16.52$17.74
2026$20.20$23.54$24.79
2027$26.37$28.60$31.17
2028$26.37$28.60$31.17
2029$32.51$36.22$37.33
2030$46.27$50.52$50.90
2031$66.83$68.97$71.47
2032$94.27$96.92$98.47
2033$128.56$130.91$132.51
Worldcoin price prediction

Worldcoin Price Prediction 2024

Worldcoin’s price predictions for 2024 suggest a minimum of $6.16, with an average hovering around $14.39. The maximum price is expected to touch $15.03, indicating a potential upward trend from the current market value.

Worldcoin Price Prediction 2025

Moving into 2025, the forecast for Worldcoin places its price between $14.71 at the lower end and $17.74 at the higher end. The average price is projected to be around $16.52, showcasing a steady increase compared to the previous year.

Worldcoin Price Prediction 2026

In 2026, Worldcoin is predicted to further its growth, with its value ranging from $20.20 as a minimum and reaching up to $24.79 at its peak. The average price for the year is estimated at $23.54, suggesting a continued positive trend.

Worldcoin Price Prediction 2027

WorldCoin price is forecast to reach a lowest possible level of $26.37 in 2027. As per our findings, the WLD price could reach a maximum possible level of $31.17 with the average forecast price of $28.60.

Worldcoin Price Prediction 2028

For 2028, Worldcoin is expected to maintain its growth, with forecasts remaining consistent at $26.37 on the lower end and $32.34 on the high end. The average price for Worldcoin is projected to be $29.68.

Worldcoin Price Prediction 2029

The price of WorldCoin is predicted to reach at a minimum value of $32.51 in 2029. The WorldCoin price could reach a maximum value of $37.33 with the average trading price of $36.22 throughout 2029

Worldcoin Price Prediction 2030

In 2030, Worldcoin could see a substantial rise in its value, with predictions ranging from a minimum of $46.27 to a maximum forecast price of $50.90. The average price is projected at $50.52, indicating robust growth.

Worldcoin Price Prediction 2031

For 2031, Worldcoin is forecasted to reach a minimum of $66.83 and a maximum of $71.47, with an average price settling around $68.97. This suggests a continued upward trend in its market value.

Worldcoin Price Prediction 2032

Heading into 2032, Worldcoin is expected to climb further, with its value ranging from a low of $94.27 to a high of $98.47. The average price for the year is predicted at $96.92, showcasing steady growth.

Worldcoin Price Prediction 2033

Finally, for 2033, Worldcoin’s price is projected to soar, with the minimum price expected at $128.56 and the maximum at $132.51. The average price is anticipated to be around $130.91, indicating continued market strength and investor confidence.

Worldcoin Price Prediction by Coincodex

Based on the historical price movements of Worldcoin and the BTC halving cycles, the yearly low Worldcoin price prediction for 2024 is estimated at $ 1.776928. Meanwhile, the price of Worldcoin is predicted to reach as high as $ 2.94 next year.

Worldcoin price Prediction by FX Street

FX Street’s analysis of Worldcoin (WLD) suggests a potential consolidation outlook. They indicate that investors can expect a retracement to the $3.504 and $3.243 levels, which correspond to the 50% and 62% retracement levels respectively. This retracement is seen as a normal part of the cryptocurrency’s trading cycle, and overcoming these levels could lead to further gains.

Worldcoin price Prediction by DigitalCoinPrice

According to DigitalCoinPrice, Worldcoin (WLD) has varied price predictions for the short term and long term. In the short term, by the end of 2025, Worldcoin is forecasted to reach a value of approximately $0.0316, indicating a substantial increase of 244.75% from its current value. For the longer term, specifically by 2028, DigitalCoinPrice predicts a more ambitious target for Worldcoin, expecting it to cross a price level of $20.43. These predictions suggest a significant growth trajectory for Worldcoin, reflecting the potential for increased adoption and market presence.

Worldcoin Price History

Since its inception, Worldcoin has experienced fluctuations in its price. The lowest recorded price occurred on September 13, 2023, at $0.9758, marking a significant low point in its early history. This low price may have attracted initial investors seeking growth potential.

On the other hand, Worldcoin reached its all-time high on December 17, 2023, two months ago, with a price of $4.70. This milestone represented a remarkable surge in value, potentially drawing attention from traders and investors looking for substantial returns.

In the most recent 30-day period, from December 31, 2023, to January 30, 2024, Worldcoin’s price displayed significant volatility. The opening price on December 31, 2023, stood at $3.70, but by January 30, 2024, it had dropped to $2.38, indicating a notable decrease of 35.71%.

During this 30-day period, the highest price recorded was $3.18, while the lowest price reached $2.09. This volatility highlights the challenges and opportunities associated with trading Worldcoin during this timeframe.

The closing price of Worldcoin also saw a decrease from $3.64 on December 31, 2023, to $2.47 on January 30, 2024, reflecting a decline of 32.15%. Additionally, the trading volume surged during this period, increasing by 31.34%, from $145,337,612 to $190,880,548, suggesting heightened trading activity and interest in Worldcoin.

Worldcoin (WLD) Overview

More on Worldcoin

The mission of the Worldcoin project is to build the world’s largest identity and financial network as a public utility, giving ownership to everyone.

The Worldcoin system revolves around World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online (“Proof of Personhood”) while maintaining their privacy through zero-knowledge proofs.

To engage with the Worldcoin protocol, individuals must first download World App, the first wallet app that supports the creation of a World ID. Individuals visit a physical imaging device called the Orb to get their World ID Orb verified. Most Orbs are operated by a network of independent local businesses called Orb Operators. The Orb uses multispectral sensors to verify humanness and uniqueness, with all images being promptly deleted on-device per default (absent explicit consent to Data Custody).

All Orb-verified World IDs holders are entitled to claim recurring grants of free WLD tokens (WLD tokens are not available in the US; see the Worldcoin Tokenomics section of the project’s whitepaper for details). This has the potential to make WLD the most widely distributed digital currency.

What’s WLD?

The WLD token is designed as a utility token with governance properties, empowering users by giving them a say over the protocol’s future. Beyond conventional “one-token-one-vote” governance mechanisms, the introduction of World ID paves the way for “one-person-one-vote” mechanisms. These two mechanisms can also be combined to enable new ways of governance. After launch, the Worldcoin Foundation will solicit proposals and work with the community on how World ID and the WLD token should interact in Worldcoin’s governance model (see the project’s whitepaper for details on governance and decentralization).

The community of users will determine the token’s utility, but a few other use cases, in addition to governance, could emerge. For example, users may use the WLD token to pay for certain actions in World App or another wallet app, make other payments, or signal their approval for certain initiatives or causes.

WLD is an ERC-20 token on Ethereum. Individuals will receive their user grants on Optimism Mainnet. Therefore, most WLD transactions will likely take place on the Optimism network.

Who Are the Founders of Worldcoin?

Worldcoin was founded by Sam Altman, Alex Blania, and Max Novendstern (Max Novendstern left the project in July 2021). The most well-known of the co-founders, Sam Altman, is also the co-founder and current CEO of OpenAI and former president of Y Combinator, a startup incubator. Initial research and development for the Worldcoin project was conducted by Tools for Humanity (TFH) and other partners.

Worldcoin has raised over 250M USD across several funding rounds from investors such as a16z, Khosla Ventures, Bain Capital Crypto, Blockchain Capital, and Tiger Global.

What Makes Worldcoin Unique?

Worldcoin aims to build the world’s largest identity and financial network, achieving global adoption at a billion-people scale. In contrast to most other crypto projects, most WLD tokens will be given to individuals – simply for being human.

Using World ID, individuals can prove they are a real, unique human to any platform that integrates with the protocol, including web3 systems, social networking sites, and governmental programs. This will enable fair airdrops or token/NFT sales, protection against bots/Sybil attacks on social media, and the fairer distribution of limited governmental resources. Furthermore, World ID can also enable global democratic processes and novel forms of governance (e.g., via quadratic voting), and it may eventually support a path to AI-funded UBI.

Over two million people from more than 30 different countries across five continents have verified at an Orb during the pre-launch phase, which lasted from May 2021 until July 2023. At launch, Worldcoin begins the rollout of 1,500 Orbs across 35+ cities in 20+ countries to meet the global demand for World ID.

How Many Worldcoin (WLD) Tokens Are There in Circulation?

The initial total supply of Worldcoin is 10 billion WLD.For 15 years following the launch, the supply cap is fixed to 10B WLD (enforced by the WLD smart contract). After 15 years, governance may decide to implement an inflation rate of up to 1.5% per year if it deems it necessary for the long-term sustainability of the protocol. Governance will also decide how to allocate these newly minted tokens (if any). The WLD smart contract enforces the inflation cap of 1.5% per year. Per default, unless changed via governance, the inflation rate is set to 0%.

The 10B WLD tokens are allocated to different stakeholders as follows:

  • 75% of the WLD tokens are allocated to the Worldcoin community.
  • 9.8% of the WLD tokens are allocated to the Initial Development Team.
  • 13.5% of the WLD tokens are allocated to TFH Investors.
  • 1.7% of the WLD tokens are allocated to the TFH Reserve.

The Worldcoin Foundation has formulated an aspirational token allocation goal to allocate at least 60% of all WLD tokens (coming from the Worldcoin Community pool) to individuals through user grants. See the Worldcoin Tokenomics section of the project’s whitepaper for details.

For live on-chain data about WLD, see this Dune dashboard.

How Is the Worldcoin Protocol Secured?

The WLD token contract is deployed on Ethereum Mainnet, and the token is bridged to the Optimism “layer 2” network. It, therefore, inherits the security properties of these two blockchains.

How to buy Worldcoin (WLD)?

If you want to know where to buy Worldcoin at the current rate, the top cryptocurrency exchanges for trading in Worldcoin stock are Binance, OKX, Bitrue, Bybit, and Bitget. You can find others listed on the CMC crypto exchanges page.

Conclusion

The Worldcoin price prediction for the years 2024 to 2033 paints an optimistic future for this cryptocurrency. These predictions are underpinned by the impressive achievements and milestones that Worldcoin has accomplished in its relatively short existence.

Worldcoin has surpassed significant user sign-up milestones, with over 1 million users by January 13, 2023, and a remarkable 2 million World ID sign-ups by July 13, 2023. The introduction of World ID and SDK in March 2023, followed by the launch of the World App in May 2023, has contributed to the project’s growth and accessibility.

Additionally, the successful migration to the Optimism mainnet in July 2023, along with the availability of the World ID SDK, signifies the project’s commitment to technological advancements. Notably, the launch of the WLD token in July 2023 marked another significant step towards achieving its goals.

Worldcoin’s continued efforts to improve scalability, as demonstrated by the reduction in load on Optimism with a September 2023 World App update, and its global reach, with over 200,000 people verifying their World ID in Chile, further solidify its presence in the crypto space.

The project’s adaptability and innovation, such as the updated state bridges architecture and expanded World ID access in Germany, reflect its commitment to addressing challenges and enhancing user experience. With the World App surpassing 4 million downloads and offering multiple languages and local currencies, Worldcoin is positioning itself for global adoption.

While regulatory scrutiny and data privacy concerns remain, Worldcoin’s unique approach to identity verification and its dedication to user empowerment through token distribution set it apart. As the cryptocurrency landscape evolves, Worldcoin’s ability to navigate these challenges will play a pivotal role in its continued growth and the realization of its price potential.

Investors and enthusiasts should keep a close eye on Worldcoin’s developments, conduct thorough research, and exercise caution in the volatile cryptocurrency market. Price predictions are subject to change based on market dynamics and external factors, but Worldcoin’s achievements and ambitions make it a project worth watching in the coming years.

FAQs

What is Worldcoin?

Worldcoin is a cryptocurrency project that aims to distribute crypto globally through an iris scanning device called the Orb. The goal is to onboard 1 billion people by 2024

How does the Orb work?

The Orb is a spherical device that scans a person's iris to generate a unique cryptographic identifier. This allows someone to claim a share of Worldcoin crypto without needing a smartphone or internet access.

Is the iris scanning safe and private?

Worldcoin states the Orb uses iris scans just to generate a mathematical hash and no image is stored. They claim privacy is maintained, though some privacy advocates have expressed concerns.

How can someone get Worldcoin crypto?

You can get a share of Worldcoins by having your iris scanned by an Orb device operated by a Worldcoin sign-up agent. This records you in the network allowing you to claim coins.

What is Worldcoin's potential?

If successful, Worldcoin could be one of the largest crypto distributions globally, spreading digital asset access including to underbanked populations. But major challenges around adoption and execution remain.

Disclaimer: The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

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John Palmer

John Palmer is an enthusiastic crypto writer with an interest in Bitcoin, Blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience.

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