- Coinbase announced plans to list WLD coins on the optimism network as soon as possible.
- The WLD price has been damaged in a sun -sun fall of the logarithmic trend amid increased demand for altcoins.
WorldCoin (WLD) has been one of the best performing altcoins in the last two weeks, as the price of Bitcoin (BTC) has rebuked above $ 93k. The mid-cap Altcoin, with a fully melted appreciation of nearly $ 11.4 billion and a 24-hour average trading volume around $ 323 million, gained more than 63 percent in the last two weeks to trade nearly $ 1.14 on Wednesday in the late North American Trading session.
The rising demand for Altcoins over the past few weeks has seen WLD futures open with the interest of climbing more than 2 percent in the last 24 hours to hover around $ 316 million at the time of this writing.
MIDTERM expectations for WLD price
Since hitting all times high over $ 10 in March 2024, the WLD price has been trapped in a falling trend to the present. Moreover, the WLD price, in the weekly timeframe, developed lower highs and lower lows.
The WLD price has recently been bouncing from the lower border of the falling trend and consequently damaged from a falling logarithmic trendline. Bullish short-term emotions for WLD are supported by the MACD's daily line that has recently crossed the zero line for the first time YTD.
In addition, the day -to -day -child -child Index (RSI) rises above the 70 percent level for the first time YTD, thus suggesting that Wld Bulls are in control.
Improvement
The project in the world has grown to over 12 million unique people and over 26 million users for the world app. The WorldCoin team has already distributed more than 1.5k orbs throughout 169 countries worldwide.
As a result of the ongoing growth, the WLD token attracts significant attention from institutional investors. For example, Coinbase Global Inc. plans (NASDAQ: Coin) to list WLD coins on the optimism network in the near future.
