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Worldcoin, co-founded by OpenAI CEO Sam Altman, Alex Blania, and Max Novendstern, is an innovative iris biometric cryptocurrency project. Launched on July 24, 2023, its mission is to combat income inequality through the groundbreaking World ID feature, utilizing zero-knowledge proofs for privacy during identity verification. The project aims to create a global digital identity, introduce the Worldcoin token as a universal currency, and develop an app for seamless payments and transfers, fostering financial inclusivity.
The Revolutionary World ID: The heart of Worldcoin lies in its revolutionary World ID system, redefining digital identity. The World App allows individuals to participate in the protocol and create their unique World ID using Orb, a physical imaging device. Orb Operators conduct verification, ensuring privacy with all images promptly discarded.
Governance Empowered by WLD Token: The WLD token is not just a currency; it empowers users to influence the protocol’s evolution. World ID introduces “one-person-one-vote” mechanisms, paving the way for innovative governance models. The Worldcoin Foundation collaboratively refines the interaction between World ID and the WLD token within the governance framework.
Utility and Beyond: The user community defines the WLD token’s utility, extending beyond governance to various applications. Users can make payments, support initiatives, and align with causes close to their hearts using the token.
On the Ethereum Platform: As an ERC-20 token on the Ethereum platform, the WLD token operates on the Optimism Mainnet, maximizing efficiency and accessibility through blockchain technology.
Worldcoin Metrics:
• Market Cap: 0.51% ($268,182,204) – #115
• Volume (24h): 34.42% ($69,624,420) – #48
• Volume/Market Cap (24h): 25.72%
• Circulating Supply: 118,062,856 WLD (1.18%)
• Total Supply: 10,000,000,000 WLD
• Max. Supply: 10,000,000,000 WLD
• Fully Diluted Market Cap: $22,715,205,515
Potential Benefits of Holding Worldcoin
Holding Worldcoin can prove to be highly profitable, considering the potential rise in its value as predicted by various reputable sources. Worldcoin’s price predictions suggest significant appreciation, ranging from $3.40 to $23.27 by 2030, according to DigitalCoinPrice, Bitnation, and Techopedia. While these forecasts offer optimism, it’s essential to recognize the speculative nature of cryptocurrency investments. Caution, research, and risk assessment are crucial for investors considering holding Worldcoin.
Where to Buy Worldcoin
MEXC (MXC), Gate.io, and Binance are online cryptocurrency trading platforms where you can buy Worldcoin and other digital currencies, offering a convenient way to acquire the token.
Worldcoin Price Analysis (4-hour chart)
On the 4-hour chart, WLDUSDT displays a rising wedge pattern, indicating a positive sign of potential upward expansion with higher lows in its market structure. The supporting trendline has already been tested, and the Stochastic indicator shows oversold conditions. As a result, there is anticipation for a potential price pump to reach $2.50.
Uncertainty Surrounding Worldcoin’s Future Price:
As a relatively new cryptocurrency, Worldcoin’s future price remains uncertain. The varied price predictions reflect this uncertainty, highlighting the need for caution in cryptocurrency investments. Thorough research and expert advice can help investors navigate market fluctuations and make informed decisions about Worldcoin’s price prospects.
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Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
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