Worldcoin ($WLD) Crypto Forecast: Down 5.3% Today

What is Worldcoin?

Asset Worldcoin (WLD) is a cryptocurrency token known for its innovative World ID technology and recent partnerships with Solana through Wormhole.

Why is Worldcoin going down?

WLD crypto is down 5.3% on Sep 13, 2024 19:01

• The downward movement of WLD could be due to profit-taking by investors after a price surge following the expansion of World ID to Solana via Wormhole.
• Although there have been favorable updates like the integration of World ID on Solana for improved app security and trust, a temporary market correction might have occurred.
• Speculation regarding the influence of OpenAI's latest models on WLD price forecasts may have caused increased volatility and prompted some selling activities.
• The introduction of OpenAI's ChatGPT model, while beneficial for market sentiment, may not have been sufficient to maintain the positive momentum for WLD in the short term.

WLD Price Chart

WLD News

Worldcoin surges 10% after expanding World ID to Solana via Wormhole

Worldcoin surges 10% after expanding World ID to Solana via Wormhole

https://cryptoslate.com/worldcoin-surges-10-after-expanding-world-id-to-solana-via-wormhole/

Wormhole Adds World ID to Solana To Reshape App Security and Trust

Wormhole Adds World ID to Solana To Reshape App Security and Trust

https://crypto-economy.com/wormhole-adds-world-id-to-solana-to-reshape-app-security-and-trust/

Worldcoin Price Prediction: Impact of OpenAI o1 Model on WLD Coin

Worldcoin Price Prediction: Impact of OpenAI o1 Model on WLD Coin

https://www.coingabbar.com/en/crypto-currency-news/worldcoin-price-prediction-openai-o1-model-impact-wld-coin

Worldcoin Price Prediction As OpenAI Releases o1

Worldcoin Price Prediction As OpenAI Releases o1

https://coingape.com/markets/worldcoin-price-prediction-as-openai-releases-o1/

Worldcoin (WLD) Shoots Up as OpenAI Announces New ChatGPT Model

Worldcoin (WLD) Shoots Up as OpenAI Announces New ChatGPT Model

https://beincrypto.com/worldcoin-climbs-openai-drops-new-ai-model/

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Worldcoin Price History

04.08.2024 - WLD Crypto was down 7.6%

• The downward movement of WLD today is linked to a notable sell-off by Alameda, exerting pressure on the token's price.
• Uncertainty surrounding the upcoming unlocks of over $230 million worth of tokens in September is causing potential selling pressure on Worldcoin.
• The cautionary advice to avoid trading certain altcoins next week due to a pending $270 million token unlock could have contributed to the negative sentiment in the market, affecting WLD as well.
• Reports of a Pepe Coin whale transferring a significant amount may have added to market uncertainty, prompting a bearish trend for Worldcoin.

04.08.2024 - WLD Crypto was down 5.1%

• The bearish movement in WLD today could be attributed to significant selling pressure caused by an entity dumping WLD tokens.
• The cautionary advice regarding Altcoins to avoid trading next week due to a substantial token unlock worth $270M may have led to a sell-off in WLD.
• Reports of a significant amount of funds being moved in and out of WLD by a Pepe Coin whale could have contributed to uncertainty and added to the downward pressure on the token's price.
• Overall, a combination of negative sentiment from certain actions, warnings about Altcoins, and uncertainty surrounding large transactions involving WLD likely fueled the bearish movement in the market today.

12.08.2024 - WLD Crypto was up 13.8%

• The bullish movement of WLD aligns with the positive sentiment in the overall cryptocurrency market, with Bitcoin, Ethereum, and Dogecoin also experiencing upward trends.
• Investor concerns regarding an FTX wallet connected to unstaked funds in Solana may have prompted a shift towards alternative assets like WLD, leading to its price increase.
• Recent investigations in Singapore related to individuals offering Worldcoin services may have introduced market uncertainty, driving some investors to turn to WLD and pushing its price up.
• Focus on account misuse and privacy concerns of Worldcoin by Singapore's Parliament may have underscored the potential benefits of decentralized cryptocurrencies like WLD, contributing to its favorable market performance.

12.08.2024 - WLD Crypto was up 5.3%

• WLD token saw a strong bullish movement despite facing regulatory scrutiny in Singapore over illicit account sales.
• Concerns about a potential sell-off in Solana linked to an FTX wallet did not impact WLD's performance, indicating strong investor confidence in the token.
• The positive sentiment in the broader cryptocurrency market, fueled by a potential 'massive rally' triggered by a Golden Cross formation, likely contributed to WLD's upward trajectory.
• Despite the regulatory challenges faced by Worldcoin services, WLD managed to shake off negative sentiment and capitalize on the overall market optimism.

03.08.2024 - WLD Crypto was up 5.0%

• A surge in WLD price today may be linked to a large investor taking significant positions in Pepe Coin and Worldcoin, pointing towards a potential price upturn.
• Despite recent struggles, the positive price movement today could be a result of a major deposit of WLD by Alameda Research to Binance for creditor repayment, boosting investor trust in the token.
• Although upcoming unlocks totaling over $230 million in September could pose a risk of a sharp decline for Worldcoin, current market sentiment appears to be reacting favorably to recent happenings.

11.08.2024 - WLD Crypto was down 6.3%

• The negative news surrounding Worldcoin and its traders facing investigations and legal breaches in Singapore may be responsible for the bearish movement in WLD.
• Regulatory scrutiny and potential financial crimes allegations may have caused investors to sell off WLD tokens.
• The cryptocurrency market sentiment, as indicated by a potential 'massive rally' shown by the Golden Cross in Bitcoin, Ethereum, and Dogecoin, contrasts with the challenges faced by Worldcoin, further worsening the bearish movement in WLD.

11.08.2024 - WLD Crypto was down 5.3%

• Singapore's scrutiny on Worldcoin services and illegal account transactions has sparked concerns among investors, resulting in a decline in the token's price.
• The crackdown on unauthorized Worldcoin accounts and token transactions in Singapore has introduced uncertainty in the market, prompting a sell-off of WLD tokens.
• Traders under investigation for possible financial offenses related to Worldcoin have amplified the negative outlook on the token, leading to a bearish market trend.
• The regulatory pressure from Singapore regarding Worldcoin activities may have unsettled investors, causing a significant drop in WLD's value.

06.08.2024 - WLD Crypto was down 5.4%

• The bearish movement in WLD today could be attributed to concerns surrounding the significant unlocks of over $230 million worth of tokens scheduled for September.
• The market may be reacting to the cautionary tone about altcoins to avoid trading next week due to the looming $270 million token unlocks, which could be impacting investor sentiment towards WLD.
• Despite the positive news of the CEO revealing plans for new developments and global expansion, the uncertainty surrounding the large token unlocks and potential market risks may have outweighed the positive sentiment, leading to the bearish movement in WLD today.

13.08.2024 - WLD Crypto was up 5.2%

• The excitement surrounding OpenAI's release of the o1 model is believed to have positively impacted the token's surge.
• The positive sentiment in the cryptocurrency market, as observed with Bitcoin, Ethereum, and Dogecoin rising, could have influenced WLD's bullish movement.
• Increased interest from investors in WLD, prompted by innovative developments in the space such as OpenAI's new ChatGPT model, has contributed to the token's value surge.
• Despite concerns about a potential sell-off in Solana linked to an FTX wallet, this issue does not appear to have directly influenced WLD's bullish movement today.

13.08.2024 - WLD Crypto was down 5.3%

• The downward movement of WLD could be due to profit-taking by investors after a price surge following the expansion of World ID to Solana via Wormhole.
• Although there have been favorable updates like the integration of World ID on Solana for improved app security and trust, a temporary market correction might have occurred.
• Speculation regarding the influence of OpenAI's latest models on WLD price forecasts may have caused increased volatility and prompted some selling activities.
• The introduction of OpenAI's ChatGPT model, while beneficial for market sentiment, may not have been sufficient to maintain the positive momentum for WLD in the short term.

13.08.2024 - WLD Crypto was up 5.6%

• Worldcoin (WLD) saw a significant uptrend following the revelation of OpenAI's new ChatGPT model, reflecting favorable sentiment towards the project's advancements.
• The broad bullish trend in cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, likely influenced the positive market mood, potentially enhancing investor trust in Worldcoin.
• Concerns over Solana's FTX wallet linked to unstaked funds causing a sell-off did not have a noticeable impact on Worldcoin's performance, as attention remained on encouraging developments in the cryptocurrency sector.
• Traders predicting a completely bullish 2025 and identifying a golden cross in prominent tokens may have additionally bolstered optimism and purchasing activity in Worldcoin, driving its significant bullish movement today.

13.08.2024 - WLD Crypto was up 6.3%

• Worldcoin (WLD) surged today following the announcement of OpenAI's new ChatGPT model, indicating a strong positive sentiment towards the project.
• The news of Singapore investigating individuals for providing Worldcoin services did not seem to deter investors, suggesting that the market is focusing more on positive developments.
• The concerns raised about an FTX wallet linked to unstaked funds in Solana causing a potential sell-off did not have a significant impact on Worldcoin's bullish movement.
• The overall optimistic outlook in the cryptocurrency market, with traders hoping for a fully bullish 2025 and spotting potential golden crosses for major tokens, likely contributed to Worldcoin's upward trajectory.