Cryptocurrency
Worldcoin (WLD) Market Analysis and Price Prediction
Monday. June 24 at 6:00 PM
1 min. readThe value of WLD, the token powering Worldcoin, a crypto project co-founded by OpenAI CEO Sam Altman, has dropped by 40% in the last 30 days. This decline has resulted in reduced activity in the token's derivatives market, with open interest hitting its lowest point since January at $98 million. Despite the price decrease and lower open interest, WLD's funding rate remains positive at 0.01%. However, technical indicators like Accumulation/Distribution Line and Chaikin Money Flow suggest a bearish trend for WLD. If this continues, the price could fall to $2.50, but a resurgence in buying activity could push it to $3.13. This analysis serves as information and not financial advice, urging readers to conduct their own research and seek professional guidance before making investment decisions.