Worldcoin continues to draw investor attention due to its price fluctuations and regulatory issues. An analysis of the current situation reveals key support and resistance levels, along with factors affecting the token's value.
Current Price and Trading Volume
Currently, the price of Worldcoin is around $0.95, which is up 5% from previous days. However, trading volume has decreased by one-third, which may indicate a lack of strength behind this rise. The key support level remains at $0.86, where the token has bounced back twice in August.
Factors Influencing Worldcoin Price
One of the factors contributing to the increase in WLD price is the changes in regulation influenced by the Fed's decision to scrap the 'Novel Activities Supervision Program'. This lowers systemic risks for tokens like WLD. However, privacy concerns, such as China's warning about iris-scanning risks, continue to affect the market. Additionally, Worldcoin's user base is growing, having reached 14 million by the end of July, but privacy debates remain relevant. In August, a Kenyan court even ordered the deletion of collected biometric data.
Forecasts and Scenarios for 2026
Predictions for WLD's future vary. In an optimistic scenario, with continued adoption and easing regulation, the token's price could return to old highs in the range of $3 to $5, putting 1,000 tokens in the $3,000-$5,000 range. In a neutral case, the token could fluctuate between $1 and $2, with 1,000 tokens worth $1,000 to $2,000. In a bearish scenario, with increasing privacy concerns and supply outpacing demand, the price may fall below $1, making 1,000 tokens worth only $500 to $750.
Worldcoin remains one of the most controversial projects in crypto. Despite strong user growth figures, privacy issues and supply pressure keep the market cautious. The short-term support at $0.86 and resistance at $1 will dictate the next price movements.
