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.