The Worldcoin (WLD) token continues to show active growth, jumping 75% over the past 24 hours and reaching a new seven-month high. We will examine the main reasons for this dynamics and analysts' opinions.
Analysis of WLD Growth
Over the past 24 hours, WLD's price has surged approximately 75%, reaching $2.10, which marks the highest level in seven months. The token's market capitalization has surpassed $4.2 billion, making WLD the 45th largest digital asset.
Support from Crypto Exchanges
One of the main factors driving this growth is support from the Upbit exchange, which announced the listing of trading pairs WLD/KRW, WLD/BTC, and WLD/USDT. This generally has a positive effect on asset prices, providing better liquidity and accessibility.
Analysts Predictions
However, analysts have differing opinions on WLD's future movement. Some suggest that the price could surpass $4 in the near future, while others anticipate a potential decline to the support level of $1.63. For instance, an analyst named Lucky believes WLD is on the verge of a "monster rally", while Crypto Monkey advises to wait for a possible dip.
Thus, the growth of the Worldcoin token is driven by both technological news and support from major crypto exchanges. At the same time, analysts remain divided in their forecasts, creating uncertainty in the market.