Worldcoin (WLD) has been following a fluctuating trend in the last 24 hours and maintains its place in the focus of investors. According to price data, WLD showed a small depreciation in the 24-hour period; The current price is around $0.58 and the 24-hour trading volume was around $90 million. CoinMarketCap and CoinGecko data show WLD’s market cap is around $1.4 billion. We can also state that WLD ranks 49th in the market value ranking. This shows that the token still has great liquidity but is far from its historical peaks.
What are the expectations for WLD?
The ups and downs seen in the last 24 hours appear to have been partially influenced by the overall crypto market sentiment and short-term news flow regarding WLD. Trading view and stock market data show small direction changes at different times.
On the other hand, while the technical outlook points to volatility in the short term, medium-term expectations may gain direction depending on the gradual increase in token supply and regulation news. In the last week, expectations of volume increases around WLD, listing on some exchanges and large token unlocking have come to the fore. While some of these dynamics give positive signals for the WLD price, some may trigger downward movements in the price.
Increase in Worldcoin Interest
Over the past year, Worldcoin has generated both interest and controversy with its World ID and Orb biometric identification system. Tools for Humanity (the team behind Worldcoin) has sought to improve security and privacy processes through organizational strengthening and new senior hires; However, there have been data protection investigations and restrictions in Europe and some countries.
Additionally, the project has taken steps to expand distribution of Orb devices, with plans to enter the US market (portable devices such as the Orb mini), and additional financial product integrations; These moves both increased the number of users and highlighted regulatory risks. In recent months, speculations about corporate attacks and acquisition offers that have attracted investor attention have also come to the fore.
