Worldcoin( WLD) Price Prediction: Analyst Forecasts Worldcoin to Revisit ATH

Worldcoin( WLD) price has experienced a notable rise, reflecting the overall market’s upward momentum. In the last 24 hours, WLD surged by 14%

Worldcoin (WLD) price rose over 14% in the last 24 hours, reflecting the overall market’s upward momentum.

The recent debut of World Chain’s Layer-2 network and a project update in San Francisco have fueled interest in Worldcoin. As upcoming token release events approach, WLD’s value is poised for potential gains, with an eye on the $2 level.

Three Reasons Worldcoin Price Will Explode Soon

Ahead of the “A New World” event in San Francisco on October 17, Worldcoin is preparing to announce crucial project updates.

Co-founders Alex Blania and Sam Altman will participate, joining members of the Worldcoin Foundation to discuss scaling the project from 7 million verified users to 700 million.

The updates will focus on enhancing technologies for broader access to the Worldcoin network, ultimately positioning it as a key player in the AI-driven Intelligence Age.

The event will highlight strategies to bring more people into the ecosystem, aiming to spread the benefits of AI advancements. With these developments, Worldcoin is setting itself up to be a major force in the digital economy. The presence of Blania and Altman underscores the event’s importance in shaping Worldcoin’s future.

Worldcoin Partners with Dune Analytics

In a recent development, Worldcoin price has announced a collaboration with Dune Analytics, a prominent blockchain data analysis platform, to expand data accessibility for its newly launched Ethereum Layer-2 network, World Chain.

This partnership aims to boost the Worldcoin community’s ability to access and interpret on-chain data, fostering greater transparency within the ecosystem.

New: @DuneAnalytics is bringing enhanced data accessibility and insights to World Chain. pic.twitter.com/VCff6WrFMq

— Worldcoin (@worldcoin) October 11, 2024

Dune Analytics, recognized for transforming on-chain data into actionable insights, is set to play a crucial role in this endeavor.

The platform also extends its support to public institutions, making this collaboration a significant step towards improved data analysis capabilities for Worldcoin.

Worldcoin Price Surges After Launching Layer-2 Network

World Chain, the Ethereum Layer-2 network introduced by Worldcoin, is already showing signs of progress.

The network has recorded over 1,200 accounts with at least one externally owned account (EOA) transaction.

Ethereum Layer2 network World Chain launched by Worldcoin may have been launched.

Currently, there are 1,200 accounts on World Chain (who have sent at least 1 EOA transaction), more than 6 million txs have been generated, and 21 tokens have been created.

World Chain is also…

— Wu Blockchain (@WuBlockchain) October 11, 2024

Additionally, it has generated more than 6 million transactions and facilitated the creation of 21 tokens, underscoring Worldcoin’s commitment to enhancing scalability and efficiency on the Ethereum network.

WLD Price Prediction: Analyst Forecasts Worldcoin to Revisit ATH

Crypto analyst iamRK has highlighted a significant development for WLD/USDT, with WLD surpassing a key resistance trend line on the daily chart.

The next target is $2.18, marking the initial resistance zone. At the time of writing, the WLD price hovers around $1.92, with a strong bullish trend.

While a potential pullback may occur upon reaching this level, the analyst indicates that Woldcoin still exhibits substantial long-term profit prospects.

This analysis displays a recent upward trend, signaling a break from previous downward movements.

WLD’s recent growth is fueled by World Chain’s launch and partnerships that enhance data insights and scalability.

With upcoming events and project updates, analysts predict potential gains for WLD, possibly revisiting previous highs amid increasing ecosystem activity.

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