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bitcoin
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ethereum
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binancecoin
BNB (BINANCECOIN)
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Shiba Inu (SHIBA-INU)
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pepe
Pepe (PEPE)
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bonk
Bonk (BONK)
$0.000034 2.65%
bitcoin
Bitcoin (BITCOIN)
$117,120 -0.72%
ethereum
Ethereum (ETHEREUM)
$3,756 0.53%
binancecoin
BNB (BINANCECOIN)
$759.29 1.45%
solana
Solana (SOLANA)
$195.28 7.79%
ripple
XRP (RIPPLE)
$3.53 1.08%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000015 -0.91%
pepe
Pepe (PEPE)
$0.000014 -0.13%
bonk
Bonk (BONK)
$0.000034 2.65%
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Worldcoin Price Prediction – WLD Could Soon Hit $1.50 as Bulls Take Control

Highlights:

  • Worldcoin price consolidating between $1.27 and $1.20
  • Rally through $1.27 could see Worldcoin hit $1.50 in the short term
  • Broader market momentum could give Worldcoin the push to $1.50 soon

Worldcoin (WLD) is in the green today, up by 4.48% at the time of writing to trade at $1.25. Worldcoin’s intraday gains are a pointer to strengthening momentum for a cryptocurrency up by 41.98% in the month. The day’s trading volumes for Worldcoin also point to growing investor interest. In the last 24 hours, trading volumes have risen by 80% to $381.5 million. 

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If investor interest remains as high as it has been over the past 30 days, Worldcoin could be headed to even higher prices in the short term. Both the macro environment and Worldcoin’s fundamentals support a continuation of the price appreciation in the foreseeable future

Fed Interest Rate Cut Could Push Worldcoin Price to New Highs

The US is expected to cut rates in September, which could unlock liquidity that would push risk-on assets to new highs. The cryptocurrency market is expected to do exceptionally well if rates are cut. That’s because while it carries risks, it is also known to offer stronger-than-average returns on investment.

Worldcoin could particularly benefit because it is positioned in the AI market, which is already recording exceptional growth even when rates remain elevated. As such, access to cheap liquidity could see investors seeking to take advantage of the AI wave pivot to Worldcoin in a big way. The FOMO such a move could create will likely see Worldcoin price rally through its all-time highs in the foreseeable future. 

US Regulatory Environment Favors Cryptocurrencies – Including Worldcoin

Still, in the macro environment, the regulatory environment in the US is increasingly pro-cryptocurrency. The US has passed the GENIUS Act, which brings stablecoin transparency. The result is that there could be a strong flow of capital from institutions and the mostly non-crypto public into the crypto market. As this happens, altcoins well-positioned in their respective markets, such as Worldcoin, could see their value surge to unprecedented highs.

Worldcoin Continues to Earn Important Partnerships

Regarding internal fundamentals, Worldcoin has earned some valuable integrations that could help it soar to new heights. One big news item hitting the markets is that Worldcoin has been integrated with Razor, Match Group (Tinder), and Story Protocol, which are entering a partnership with Worldcoin’s World ID. The goal is to help with digital verification in online dating and gaming.

The move will likely bring over a hundred million users to the Worldcoin ecosystem. It is a move that could pave the way for Worldcoin price to make new highs within this bull cycle. Many other partnerships could be underway thanks to the migration to the OP mainnet in late 2024, which significantly enhanced privacy in the digital identity market.

Worldcoin’s Association with OpenAI Likely to Drive Growth Long Term

Worldcoin’s association with OpenAI, one of the world’s most important AI companies, will likely drive adoption over time. It could also trigger FOMO, especially now that Worldcoin is trading way below its all-time high of $11. Even a rally back to this high would be an exceptional return on investment. Since top-performing cryptocurrencies tend to outperform their all-time highs in all-out bull markets, Worldcoin could be one of the coins most likely to experience FOMO buying by retail and institutional money.

Technical Analysis – Worldcoin Price Consolidating After Multiple-Day Rally

After a strong price rally since July 15, Worldcoin is consolidating between the $1.279 resistance and $1.206 support.

Worldcoin Price Prediction – WLD Could Soon Hit $1.50 as Bulls Take Control
Source: TradingView

If bulls push Worldcoin price through the $1.279 resistance, then $1.50 could be in the short term. On the other hand, if there is a correction through the $1.206 support, Worldcoin could drop back to prices below $1.

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