The post WLD Price Reaches 5-Month High; Aims to Reclaim $4 appeared on BitcoinEthereumNews.com.

Worldcoin (WLD) has been experiencing a strong uptrend since early September, gaining significant momentum over the past 24 hours. The altcoin’s recent rally has pushed its price to a five-month high, with WLD nearing a crucial psychological level of $4.  This positive price action is driven by new initiatives aimed at fostering growth and increasing adoption, signaling that the altcoin could continue its upward trajectory. Worldcoin Reaches New Regions One of the key factors contributing to Worldcoin’s surge is the positive divergence seen in the Price DAA (Daily Active Addresses) indicator. This is a strong buy signal, as the divergence shows that more users are engaging with the platform, which often leads to higher demand and price increases. Worldcoin has also rolled out its new World ID passport credential system in Chile, Colombia, Malaysia, and South Korea. This expansion has led to increased demand and greater user participation, further fueling the rally. As the platform attracts more users and expands its utility, the market sentiment surrounding Worldcoin has become increasingly bullish. As demand grows, the value of WLD is expected to continue to rise, creating further opportunities for both short-term and long-term investors. Worldcoin Price DAA Divergence. Source: Santiment Worldcoin’s macro momentum looks promising, with active addresses currently at a six-month high. This surge in active participation suggests that investor interest in the project is on the rise. Increased activity and engagement on the network are often indicative of growing demand, which has been one of the primary drivers of WLD’s recent price appreciation. The uptick in active addresses also signals that Worldcoin is gaining traction within the crypto community. As more investors and users engage with the platform, the cryptocurrency is building a strong foundation for continued growth. This participation is a direct response to the increasing demand for Worldcoin’s…

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Filed under: News - @ November 30, 2024 11:47 pm