Bittime -Worldcoin (WLD)pricesaw a significant rise in recent days, with interest increasing 21% and daily trading volume surging by 134%.
WLD, the native cryptocurrency of Sam Altman's iris-scanning project Worldcoin, was up 20% in the last 24 hours, but fell again as profits were taken.
Currently, the price of Worldcoin (WLD) is trading 6% higher at $6.05 or around IDR 96,800 with a market capitalization of $1,270 billion or around IDR 20,320 trillion. In addition, daily trading volume has jumped by 134% to reach more than $652 million or around IDR 10,432 billion.
What is the impetus that causes the price of Worldcoin (WLD) to increase?
Amidst the recent surge in artificial intelligence (AI) coin prices, Worldcoin (WLD) is also joining the party.
The recent surge in Bitcoin prices has provided enough stimulus for the cryptocurrency market as a whole to rally. AI coin in particular has benefited from this surge.
Check Today's Crypto Market:
Last week, a report from Bloomberg indicated that OpenAI and Worldcoin are currently in talks to form a partnership. It is anticipated that OpenAI will provide artificial intelligence solutions to Worldcoin as part of this collaboration.
If realized, this partnership could involve the integration of OpenAI's advanced artificial intelligence technology into Worldcoin's services, potentially enhancing both companies' offerings. However, such a partnership could also attract increased regulatory scrutiny, especially given Altman's influential position within both organizations.
Worldcoin (WLD) Open Interest Soars
Based on Santiment data, total market interest for WLD jumped 21.5% in the last 24 hours, jumping from $131.9 million or around IDR 2,110 trillion to $160.3 million or around IDR 2,564 trillion in the latest report.
The significant increase in trading volume and market interest for Worldcoin indicates a potential increase in price volatility. This spike could be caused by increased “whale” activity and possible liquidations in the market.
Currently, the Worldcoin exchange is witnessing inflows of 454,380 WLD, while outflows stood at 542,360 WLD, resulting in a net outflow of 87,980 coins in a 24-hour period. Despite the prevailing bear sentiment surrounding this asset, on-chain movements suggest that some investors are accumulating Worldcoin.
Also Read How To Buy Crypto:
Additionally, WLD's Relative Strength Index (RSI) has increased from 40 to 54 in the last 24 hours, as reported by Santiment. This indicates a slight overheating of the asset, indicating that an RSI below 50 could indicate a steady rise in price.
If this price rally continues, Worldcoin (WLD) could soar to $10 or around IDR 160,000 and even higher.
Check Crypto Prices Today:
How to Buy Bitcoin (BTC) on Bittime
You can buy and sell Bitcoin (BTC) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Bitcoin (BTC) is available on Bittime with the market pair BTC/IDR . To be able to buy BTC/IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Bitcoin (BTC) on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Read Also:
Crypto.com Sponsors Miami Grand Prix: Leverage F1 to Educate Fans about Crypto Assets?
STEP Finance Innovation: Change the Face of Solana DeFi with Farm Yield and Easy Access
DISCLAIMER: This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.