I looked over and saw that the dollar value of Worldcoin had suddenly more than doubled from memory. Why?
- The rise in the value of Worldcoin (WLD) in February 2024 can be attributed to several factors. Firstly, the release of OpenAI's 'Sora' video tool has contributed to the surge in Worldcoin's value, with the token experiencing a significant increase in price and trading activity. - (3) [Worldcoin Surges On OpenAIâs Sora Announcement](https://www.forbes.com/sites/roberthart/2024/02/19/sam-altmans-worldcoin-soars-after-launch-of-openais-sora-video-tool/?sh=53fcd494327d) - Additionally, a notable transaction by a cryptocurrency whale, which earned $2.15 million from WLD within a two-day span, has also drawn attention to Worldcoin and likely influenced its price movement. - (4) [Worldcoin (WLD) Surges Over 20% as Whale Nets $2 Million Profit](https://u.today/worldcoin-wld-surges-over-20-as-whale-nets-2-million-profit) - Furthermore, there are indicators that the cryptocurrency market is entering a new era, leading to expectations of increased attention and potential price surges for WLD in the long run. - (1) [Worldcoin (WLD) Price Prediction 2024,2025,2030 â Is WLD a Good Investment? - BTCC](https://www.btcc.com/en-US/academy/research-analysis/worldcoin-price-prediction-202320252030-is-worldcoin-a-good-investment) - These factors, along with the broader upswing in the cryptocurrency market and growing investor interest, have likely contributed to the rise in Worldcoin's value in February 2024.-
The price of Worldcoin (WLD) is predicted to rise in the long run, with various price predictions for 2023, 2025, and 2030. For instance, some analysts predict that WLD could reach a high of 0.21 by 2025. Additionally, there are forecasts that the price of WLD could be around $0.92 in 10 years. These predictions indicate a positive outlook for the long-term value of Worldcoin.
- Eh, itâs $6.69 now, totally misplaced.
- Letâs ignore (1).
- Eh, itâs $6.69 now, totally misplaced.
-
The surge in Worldcoinâs value is also linked to the release of its tokenomics, which revealed that the WLD supply will be capped at 10 billion tokens for 15 years, after which the networkâs governance can decide to implement an inflation rate of up to 1.5%. This information about the tokenomics and the allocation of tokens has likely influenced investor confidence and contributed to the positive sentiment surrounding Worldcoin.
-
In summary, the rise in Worldcoinâs value in February 2024 can be attributed to various factors, including the release of OpenAIâs âSoraâ video tool, a significant transaction by a cryptocurrency whale, positive long-term price predictions, and the release of Worldcoinâs tokenomics. These developments have contributed to growing investor interest and confidence in Worldcoinâs potential, leading to an increase in its value.
Youâre saying a lot, but itâs because you bought $2.15 million in two days, and it jumped up because of low liquidity.
- I think itâs possible that itâs trading with the intention of being itself, i.e., a workhorse thatâs covered by the Sora release.
- Sora is 2/15, price movement started before that, could be insider.
Speculation aside, the fact is that as of 2024-02-21 the amount I received from Worldcoin was about $60,000.
This page is auto-translated from /nishio/2024ĺš´2ćăŽWorldcoinăŽćĽé¨° using DeepL. If you looks something interesting but the auto-translated English is not good enough to understand it, feel free to let me know at @nishio_en. Iâm very happy to spread my thought to non-Japanese readers.