• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Polkadot Price Analysis, Worldcoin Drop, and Cold Wallet Prospects

user avatar

by Giorgi Kostiuk

6 hours ago


The crypto market is experiencing price changes for Polkadot and Worldcoin tokens. While Polkadot shows potential for growth, Worldcoin faces the threat of further decline. With new solutions, Cold Wallet may become an appealing option for users.

Polkadot (DOT) Prospects

Polkadot (DOT) price analysis indicates a potential surge for the token, currently hovering between resistance and support levels. Several factors could catalyze this growth. Firstly, ETF approval for Polkadot is expected, which could increase investor demand. Secondly, the upcoming JAM upgrade by Polkadot’s creator, Gavin Wood, promises to enhance the network's scalability. Thirdly, growing adoption of Polkadot-based projects like Hydration and FIFA Rivals is already evident.

Worldcoin (WLD) Situation

The recent drop in Worldcoin (WLD) price has led to persistent bearish sentiment. The current price struggles to maintain support at $1.00, with a potential decline toward $0.90. Diminished interest in the futures market and a sharp rise in liquidations suggest continued adverse conditions. The MACD and SuperTrend indicators indicate that short-term recovery is likely improbable. However, a reversal could occur if the futures funding rate turns positive.

Cold Wallet (CWT) Advantages

Cold Wallet presents an application that fundamentally changes the approach to traditional transaction-related expenses in cryptocurrency. Users earn CWT tokens every time they pay fees or make a transaction, turning costs into assets. With a successful presale raising over $6.3M and boasting more than 2 million active users from the Plus Wallet acquisition, Cold Wallet is advancing amid rising popularity, offering prospects for liquidity and participation.

Overall, the current situation in the crypto market shows varied scenarios for Polkadot and Worldcoin, with increasing interest in Cold Wallet. Predictions indicate that Polkadot's growth potential may align with ongoing difficulties for Worldcoin, making Cold Wallet a promising option for future investments.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Cryptocurrency Market: Current State and Predictions for BTC and ETH

chest

Bitcoin and Ether are under pressure as forecasts indicate potential support and resistance levels. An analysis of major cryptocurrencies.

user avatarGiorgi Kostiuk

Overview of Key Highlights from FOMC Meeting and Market Reaction

chest

The FOMC minutes contain crucial information about the future policies and economy of the USA. Analyzing the main points and market response.

user avatarGiorgi Kostiuk

Crypto Market Structure Bill Expected for Approval in 2025

chest

Senator Lummis announced the progress of the crypto market structure bill aimed for 2025, potentially impacting BTC and ETH markets.

user avatarGiorgi Kostiuk

SWIFT Evaluates Ripple and Hedera for Enhanced International Payments

chest

SWIFT is working on blockchain integration, considering XRP and HBAR as key options for payment modernization.

user avatarGiorgi Kostiuk

Cold Wallet: A New Player in Crypto Raises Over $6.3 Million

chest

Cold Wallet's presale has attracted over $6.3 million, positioning itself strongly against projects like Tron, Toncoin, and Cardano.

user avatarGiorgi Kostiuk

Trade War Consequences for Bitcoin Mining: CleanSpark and IREN Face Major Liabilities

chest

The US trade war brings significant repercussions for Bitcoin miners, with potential liabilities facing CleanSpark and IREN.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.