Worldcoin Price Prediction 2023 – 2030: How High Will WLD Go?

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 WLD is worth?

The live Worldcoin price today is $1.70 USD with a 24-hour trading volume of $183,768,954 USD.Worldcoin is down 0.17% in the last 24 hours. The current CoinMarketCap ranking is #122, with a live market cap of $224,778,913 USD. It has a circulating supply of 132,010,986 WLD coins and a max. supply of 10,000,000,000 WLD coins.

Worldcoin price analysis: WLD holds above $1.7 despite a slight pullback

TL;DR Breakdown

• Worldcoin price analysis shows that the WLD token has corrected by 0.35% in the past 24 hours, currently trading at USD 1.7.
• Despite this slight pullback, the overall trend remains bullish as WLD holds above the $1.7 support level.
• This dip in price can be attributed to profit-taking by short-term traders after a significant rally that saw Worldcoin climb to weekly highs of $1.886.

Worldcoin price analysis shows that the WLD token’s recent bullish action has cooled off,forming a double bottom at $1.7 before bouncing back slightly to its current price of $1.71. This correction is a healthy sign for the token, as it consolidates gains after a strong rally that saw it climb to weekly highs of $1.886.The token formed higher highs at $1.88 and $1.886 before returning to its current price.

The dip in price can be attributed to profit-taking by short-term traders looking to take advantage of the recent spike in value. This is common in cryptocurrency markets, where volatility and short-term gains are prevalent. However, despite this slight pullback, Worldcoin remains above the key support level of $1.7, indicating a strong bullish sentiment in the market. The token further supports this formation of higher lows at $1.54 and $1.65 before its recent bounce back.

WLD/USD daily chart technical analysis: Bullish signal

The technical indicators on the daily chart for WLD/USD show a clear bullish signal. The RSI has been rising steadily in the past few days of bullish momentum, currently at 61. This indicates that the buying pressure is still strong in the market, with room for further gains.

The MACD also shows a bullish crossover, with the signal line crossing above the histogram and upwards. The price of the WLD coin is trading above the SMA 10 at $1.720, while the key support lies at EMA 50 ($1.59), while the next key support lies near the 30-day Simple Moving Average of ($1.37).

Looking ahead, the pivotal and Fibonacci retracement tools show the next resistance at $1.85, followed by the psychological level of $2.0 and then the all-time high of $3.75. On the downside, if bears take over, we can expect support at $1.5.

Other technical indicators show 10 neutral signals,10 buy, and only one sell signal. Meanwhile, the oscillators show 9 neutral signals, with 1 buy and 1 sell signal. This means there is still a lot of bullish sentiment in the WLD market, despite the slight pullback.

WLD/USD 4-hour chart: Bulls gear up for another rally

The 4-hour chart shows a bullish flag pattern forming, indicating that the bulls are gearing up for another rally. This is supported by the price trading above the EMA-ribbon and EMA-21, confirming a bullish sentiment. Worldcoin is trading at $1.70, up over 7% in the last 7 days. The trading volume of WLD tokens has been increasing simultaneously with the price, indicating strong investor interest.

The Relative Strength Index resides at the neutral level, near 50, while the MACD shows a bullish crossover as the signal line crosses above the histogram and upwards. Moreover, there is strong support at $1.7, while the next pivotal levels lie at $1.76, followed by $1.80.

Looking ahead, the key barrier to break would be the psychological level of $2, which could catapult Worldcoin into a new phase of bullish momentum toward its all-time high. The current support levels at $1.7 and $1.54 should remain strong in case of further pullbacks.

What to expect from Worldcoin price analysis

Worldcoin price analysis for today shows that the WLD token is still holding on to last week’s gains, despite a slight pullback. The token’s key barriers lie at $1.85 and the psychological level of $2, with support levels at $1.7 and $1.5. The technical indicators also show a strong bullish sentiment in the market, indicating potential for further gains in the near future

Recent developments around Worldcoin include

Worldcoin has recently been in the spotlight, not for its price movements, but due to serious allegations from Kenyan authorities. The Kenyan government has accused Worldcoin of espionage and implied that the company’s activities might threaten the nation’s statehood. These accusations could potentially impact Worldcoin’s reputation and, subsequently, its price in the cryptocurrency market. However, the available information does not provide specific details about how these allegations directly relate to Worldcoin’s price or the broader market response.

Worldcoin, a notable entity in the cryptocurrency domain, has been the focal point of recent developments aimed at addressing prevailing concerns related to user privacy and data utilization. The company has introduced a Zero-Knowledge (ZK) proof entity, significantly reducing the workload on Optimism and enhancing the scalability and cost efficiency of its WorldApp wallet. This strategic move has enabled Worldcoin to cut down its fee expenditures and has resulted in a two-thirds reduction in the load on Optimism. Furthermore, the WorldApp has achieved a milestone by registering its highest single-day transaction volume, capped at 500,000 transactions, showcasing the enhanced capabilities and user engagement on the platform.

In addition to operational enhancements, Worldcoin has been meticulous in implementing robust privacy measures, incorporating Groth16 proofs, a widely recognized ZK proof protocol, to ensure the confidentiality and security of user data. This implementation comes at a pivotal time, addressing the challenges Worldcoin faced in substantiating the ethical handling of users’ data and potentially bolstering user trust and the platform’s credibility. The increased development activity and the commitment shown by the developers in refining the Worldcoin network underscore the ongoing efforts to fortify the platform’s standing in the competitive cryptocurrency market.

Worldcoin, a controversial iris-scanning crypto project, has introduced a reservations feature for unverified users to reserve their Worldcoin (WLD) tokens. Despite facing regulatory challenges in various jurisdictions, Worldcoin aims to differentiate humans from bots in the future by using iris-based biometric data. The World App now allows users to reserve WLD tokens before verifying their World ID, with the reservations being valid for 12 months. Users can redeem their reserved tokens by using the Orb, an iris-scanning device.

Worldcoin’s project encompasses the Worldcoin ID, Worldcoin App, and the native Worldcoin token (WLD). Users who choose to scan their iris for biometric data-based identification are rewarded with WLD tokens. The project, which launched on July 24 after three years of development, strives to establish a global database to distinguish humans from bots, particularly as artificial intelligence becomes more prevalent.

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’s co-founder and Open AI CEO, Sam Altman, seemed to respond to the alleged decrease in sign-ups by tweeting a video of numerous users lining up to sign up at what appears to be one of “The Orb” locations. He captioned the video: “Day 3 of @worldcoin launch, crazy lines around the world. one person getting verified every 8 seconds now.” This tweet sparked reactions, with some suggesting that users were signing up for the monetary incentive (the 25 WLD tokens received upon sign-up) without considering the potential consequences. A user, @_whitneywebb, tweeted: “One person is willing to sell their soul every 8 seconds for a shitcoin and a cattle tag. Extreme clown world alert.”

Worldcoin Price Prediction for Tomorrow and Next Week

CoinCodex

According to Coincodex’s current Worldcoin price prediction, the price of Worldcoin is predicted to drop by -2.47% and reach $ 1.951305 by July 30, 2023. According to our technical indicators, the current sentiment is Bullish, while the Fear & Greed Index shows 50 (Neutral). Worldcoin recorded 1/1 (100%) green days with price volatility over the last 30 days. Based on our Worldcoin forecast, it’s a good time to buy Worldcoin.

Worldcoin Price Prediction 2034 – 2030

Cryptopolitan Worldcoin Price Prediction 2024 – 2030

Worldcoin Price Prediction 2024

Based on the historical price movements of Worldcoin and the BTC halving cycles, the yearly low Worldcoin price prediction for 2024 is estimated at $ 1.78. Meanwhile, the price of Worldcoin is predicted to reach as high as $ 2.94 next year. Worldcoin could gain 25.10% by 2024 compared to today’s price if WLD reaches the upper price target.

Worldcoin Price Prediction 2025

The Worldcoin price prediction for 2025 is currently between $ 2.66 on the lower end and $ 6.59 on the high end. Worldcoin could gain 179.95% by 2025 compared to today’s price if WLD reaches the upper price target.

Worldcoin Price Prediction 2026

The Worldcoin price prediction for 2026 is currently between $ 2.78 on the lower end and $ 3.73 on the high end. Worldcoin could gain 58.72% by 2026 compared to today’s price if WLD reaches the upper price target.

Worldcoin Price Prediction 2027

The Worldcoin price prediction for 2027 is currently between $ 2.85 on the lower end and $ 5.11 on the high end. Worldcoin could gain 117.44% by 2027 compared to today’s price if WLD reaches the upper price target.

Worldcoin Price Prediction 2028

The Worldcoin price prediction for 2028 is currently between $ 4.56 on the lower end and $ 5.15 on the high end. Worldcoin could gain 120.42% by 2028 compared to today’s price if WLD reaches the upper price target.

Worldcoin Price Prediction 2029

The Worldcoin price prediction for 2029 is currently between $ 4.92 on the lower end and $ 9.27 on the high end. Worldcoin could gain 294.47% by 2029 compared to today’s price if WLD reaches the upper price target.

Worldcoin Price Prediction 2030

The Worldcoin price prediction for 2030 is currently between $ 5.24 on the lower end and $ 6.63 on the high end. Worldcoin could gain 182.30% by 2030 compared to today’s price if it reaches the upper price target.

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. Cryptopolitan’s Price Predictions is similar to CoinCodex.

What Is Worldcoin (WLD)?

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.

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.