tl;dr
Worldcoin (WLD) has seen a significant price surge, rising over 50% in the past week, attributed to its aggressive global expansion, with over 40 countries added to its network this month. The project's value has spiked by 27% in the past 24 hours, and its price daily active address (DAA) divergence...
Worldcoin (WLD) has experienced a significant price surge, skyrocketing over 50% in the past week. This growth is largely attributed to the project’s aggressive global expansion, with over 40 countries added to its network this month alone.
The project's value has spiked by 27% in the past 24 hours, and its price daily active address (DAA) divergence metric shows strong underlying momentum, with a weighted sentiment at 0.64. Currently trading at $2.73, Worldcoin's rising Chaikin Money Flow (CMF) indicates high demand, positioning it to target the $3.61 mark and potentially reach a six-month high of $5.40.
World, the digital identity project co-founded by OpenAI’s Sam Altman and powered by iris-scanning technology, has expanded its reach, launching in over 40 countries — including recent entries into Costa Rica, Poland, and Austria this November. This rapid expansion has drawn significant attention to its WLD token, driving a notable price surge.
The altcoin’s rally in recent weeks has been backed by substantial demand, as evidenced by the positive readings from its price daily active address (DAA) divergence metric. At press time, this metric’s value is at 137.92%.
WLD’s rising Chaikin Money Flow (CMF), currently at 0.22, confirms high demand for the altcoin. If bullish sentiment turns bearish, the projection could be invalidated, leading to potential stabilization at $1.34.