Worldcoin Investment: Worth Your Money?

is worldcoin a good investment

Worldcoin is a new cryptocurrency protocol designed to become a digital passport for its users. It collects biometric data by scanning the iris of its users through its orb scanners, which are currently located in 34 countries. In this way, Worldcoin aims to address the issue of the 4.4 billion individuals worldwide who do not have a digital identity or cannot be identified digitally.

Since its launch, Worldcoin has exhibited mixed market sentiments, with its price experiencing significant volatility. As of August 2024, Worldcoin's price has dumped by 5.12% in the last 24 hours, with a slight bearish sentiment in the crypto market. However, the long-term sentiment remains bullish, with predictions that its price could reach $11.71 by 2030.

So, is Worldcoin a good investment? Well, that depends on your personal risk appetite. While it has shown promising signs, it has also faced setbacks and regulatory scrutiny, and there are concerns about centralisation, privacy, and security.

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Worldcoin's price prediction for 2024

Worldcoin is a new cryptocurrency protocol designed to become a "digital passport" for its users. It collects biometric data by scanning the irises of its users through its orb scanners. The biometric data is used to identify each user individually and, in return for signing up and creating a World ID, users receive WLD tokens.

According to CoinCodex, the price of Worldcoin is predicted to rise by 228.01% and reach $4.93 by 17 September 2024. The Worldcoin price prediction for 2024 estimates a minimum price of $1.42, a maximum price of $3.46, and an average price of $3.31 throughout the year.

In the first week of May, Worldcoin's token, WLD, saw a dramatic 22% increase in its value, positioning it as one of the top-performing altcoins in the market. This surge coincided with heightened activity around artificial intelligence advancements, particularly those involving OpenAI.

However, it is important to note that investing in cryptocurrencies carries inherent risks, and it is always recommended to conduct your own research and consult with a financial advisor before making any investment decisions.

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Worldcoin's price prediction for 2025

Worldcoin is a new cryptocurrency protocol designed to become a "digital passport" for its users. It collects biometric data by scanning the irises of its users through its orb scanners, which are currently located in 34 countries. The biometric data is used to identify each user individually and to provide them with a universal basic income.

Worldcoin has raised significant privacy concerns among the crypto community. In response to increasing global scrutiny, Worldcoin is revising its data-handling procedures to align with international data protection standards.

Worldcoin's price has gotten off to an explosive start since launching. In the first week of May, Worldcoin's token, WLD, saw a dramatic 22% increase in its value, positioning it as one of the top-performing altcoins in the market.

  • According to a price prediction from August 2024, the price of Worldcoin is expected to reach a minimum of $3.39 and a maximum of $4.08 by the end of 2025.
  • Another prediction estimates possible lows of $4 and highs of $6.5 by the end of 2025.
  • A third forecast predicts that Worldcoin will trade within a range of $1.50 and $7.10 in 2025.
  • According to CoinCodex's Worldcoin forecast, the price of Worldcoin could gain 373.25% by 2025 if it reaches the upper price target.

Overall, Worldcoin's price predictions for 2025 vary, but most estimates suggest that the price will increase from its current levels. However, it is important to note that cryptocurrency is a highly volatile market, and these predictions may not always be accurate.

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Worldcoin's price prediction for 2030

Worldcoin is a new cryptocurrency that launched in July 2023 with a unique iris-based ID system. It has raised $125 million in funding and aims to become a "digital passport" for its users.

Worldcoin's price has fluctuated since its launch, and it has faced some regulatory hurdles, including a suspension of its services in Hong Kong due to privacy concerns.

  • According to Techopedia, Worldcoin's price could reach a maximum of $9, with an average of $6.25 and a minimum of $3.5 by the end of 2030. They note that Worldcoin is a polarising project with valuable infrastructure that could boost crypto mass adoption, but it also goes against core cryptocurrency philosophies.
  • Cryptopolitan predicts that Worldcoin's price will reach a minimum of $10.64 in 2030, with a maximum of $11.71 and an average of $11.62. They base this prediction on the coin's recent performance and technical analysis.
  • PricePrediction.net forecasts that Worldcoin's price could potentially surge to a maximum of $0.4123 by the end of 2030, with an average trading price of $0.3598. They use advanced algorithms and machine learning models to analyse historical price data and market sentiment.
  • CoinLore predicts that Worldcoin's price will reach $0.0166 by 2030, based on their analysis of the coin's historical price data and technical indicators.
  • Crypto Bulls Club predicts that the WLD token will trade between a maximum of $29.030 and a minimum of $17.108 in 2030. They base this prediction on the coin's performance and the potential for the project to gain wider adoption.

It's important to note that cryptocurrency markets are highly volatile and unpredictable. These predictions should not be considered financial advice, and thorough research is essential before making any investment decisions.

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Worldcoin's short-term price prediction

  • As of August 18, 2024, Worldcoin's price stood at $1.60, with a 24-hour decrease of 5.12% and a 30-day decline of 28.23%.
  • The average price of WLD for August 2024 is expected to be $1.05, with a predicted range between $0.83 and $1.25.
  • For the remainder of 2024, Worldcoin's price is predicted to reach a minimum of $1.42 and a maximum of $3.46, with an average of $3.31.
  • By the end of 2024, the most bearish scenario values WLD at $1.28, while the most bullish scenario values it at $1.25.
  • In the short term, Worldcoin's price is expected to fluctuate between $1.47 and $1.69 on August 16, 2024, and between $1.05 and $1.21 on August 24, 2024.
  • Looking further ahead to October 2024, the average price of WLD is predicted to be $1.03, with a maximum of $1.10.
  • Worldcoin's price could drop as low as $1.44 in the short to medium term, and further down to $1.00 if the downtrend persists.
  • On the four-hour time frame, Worldcoin is currently trending bearish, with the 50-day and 200-day moving averages sloping downwards, indicating a weak trend.
  • The Relative Strength Index (RSI) is within the 30-70 neutral zone, suggesting the price is trending neutral.
  • Based on user input, Binance predicts a 5% increase in the value of WLD by tomorrow, reaching $1.596284.
  • Worldcoin's price prediction for February 2025 indicates an average price of $2.46 and a maximum of $2.64.
  • By 2025, Worldcoin's price is expected to reach a minimum of $3.39 and a maximum of $4.08, with an average of $3.80.
  • Worldcoin's long-term prospects remain bullish, with the potential to surpass $100 by 2029 and trade at an average price of over $110.

In summary, Worldcoin's short-term price prediction suggests continued volatility, with the potential for both gains and losses in the coming months. The long-term outlook remains bullish, but the cryptocurrency faces challenges related to centralisation, privacy, and regulatory concerns.

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Worldcoin's long-term price prediction

Worldcoin is a new cryptocurrency protocol designed to become a digital passport for its users. It collects biometric data by scanning the iris of its users through its orb scanners, which are currently located in 34 countries.

Anything can happen in the long term, but based on the current information available, the source predicts lows of $3.50, highs of $9, and an average price of $6.25 by the end of 2030.

Another source predicts that Worldcoin's price in 2030 will reach a minimum level of $10.64 and a maximum level of $11.71, with an average price of $11.62.

According to yet another source, Worldcoin's price prediction for the most bullish scenario will value WLD at $1.25 in 2024. The price prediction for the most bearish scenario will value WLD at $1.28 in 2024. In the longer term, the price is expected to reach a high of $4.34 in 2035.

The predictive models support a long-term bullish sentiment. By 2029, WLD is anticipated to surpass $100, trading at an average price of over $110, marking a significant milestone in its valuation journey. This number is expected to surge further, bringing WLD to trade at $1,700 by 2033.

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Frequently asked questions

This depends on your personal risk appetite. Worldcoin's price has decreased by 5.12% in the past 24 hours and by 28.23% in the past 30 days. Worldcoin's price is expected to be between $1.25 and $0.83 in 2024.

Worldcoin's price in 2025 is predicted to be $2.46 on average, with a highest possible price of $2.95 and a lowest possible price of $1.96.

Worldcoin's average price in 2026 is predicted to be $2.55. Its highest and lowest possible prices are predicted to be $3.06 and $2.04, respectively.

The price of 1 Worldcoin is currently $1.60.

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