Worldcoin (WLD) Price Prediction 2024-2040

Worldcoin (WLD) Price Prediction 2024-2040
Jul 25, 2024 0
Worldcoin (WLD) Price Prediction 2024-2040

Please note that this article doesn't present investment advice and serves for educational purposes only. If you consider investing in Worldcoin, this article can help you make an informed decision.

Predicting crypto prices is not an easy task. Technical analysis can reveal the future prices based on the past market performance of an asset. However, fundamentals have a huge impact as well and we don't usually have enough accurate information about the future events that have influence on the crypto market. 

Nevertheless, using all the info we have including the prices history we can outline probable future prices of certain cryptocurrency. This article provides a Worldcoin (WLD) cryptocurrency long-term price prediction. Also it highlights the WLD price analysis for the past years and answers all the crucial questions about Worldcoin such as what the WLD price will be in 2025, etc.

What Is Worldcoin (WLD)?

Worldcoin (WLD) is a ERC-20 utility and governance token of the Worldcoin project. Its mainnet is based on the Ethereum blockchain and is bridged with Optimism blockchain.

Worldcoin is a project aimed at providing a universal decentralized identity network available for everyone. The network is based around World ID, a network that allows users to confirm their identities via zero-knowledge proofs. The protocol is privacy-centred, meaning that no personal data can leak from the company's servers.

Proof of personhood (PoP) is an important service in the environment of bots flooding the Internet. That's what makes Worldcoin valuable.

To obtain a World ID user should install a branded wallet app called World App. To verify an ID one needs to use the Orb sensors provided by a local orb operator. The network of orb operations is conceived of decentralized local businesses.

Using World ID requires holding some spare WLD tokens which creates potential for massive global spread of WLD tokens. WLD tokens give holders voting power so investors can partake in decision making and development of the World protocol. 

An Orb. Image source: Business Insider

The project is run by Sam Altman and Alex Blania. The former is a well-known CEO of OpenAI. The platform aims to become the world's biggest identity and financial network. As of July 2024 there are over two million Orb-verified identities with World ID. The token’s price is around $2.4. The WLD token occupies the 100th position in terms of market cap.

Worldcoin (WLD) Price Prediction for 2024, 2025, 2027, 2030, 2035, 2040

The Worldcoin price prediction based on the mix of technical and fundamental analysis and opinions of market experts is shown in the table below. Under the table you will see short commentary on the WLD price predictions for certain years.

Year Price prediction ROI (if you buy WLD now)
2024 $4.89 103.75%
2025 $7.22 200.83%
2027 $13.9 479.17%
2030 $37.5 1,462.5%
2035 $192 7,900%
2040 $818 33,983.33%

2024

In the first 12 months at the market the WLD price saw numerous ups and downs. It grew significantly during the 2024 rally and then dropped down again. 

However, as the current market sentiment is optimistic, WLD has all chances to resurge by the end of the year, not hitting the peak value but retracting to the May price, reaching up to $5 or rather around $4.8 – $4.95.

2025

2025 will be the year when the market will calm after the 2024 bull run. It doesn't mean that the WLD price will drop by the end of the year. Rather it means that the growth will get slower.

The company has a schedule of vital projects to get rolled out. They include a branded blockchain World Chain and other projects. As the roadmap will continue to get fulfilled and new partnerships take place, the WLD will keep on gaining value. By the end of 2025 the price may exceed the $7.1 mark. 

2027

A year prior the next BTC halving may not be the biggest year for the crypto market. However, as WLD will get added to more exchanges and get more significant partnerships, the coin’s price will get higher. 

By the end of 2027 the price isn't likely to surpass the $14 level. Nevertheless the price will get close to this mark.

2030

2028 will see another mining reward halving. Normally this event ignites the entire crypto market. Mining operations get more expensive while new BTC coins become scarcer. These factors lead to quick considerable price growth. There is no doubt the crypto market will see a rally in 2028. For sure, the WLD price will increase too. By the end of 2030 the WLD price may exceed a $37 mark.

2035

Predicting the Worldcoin price for 10+ years is harder as we don't know much about the events in the world in such a distant future. 

However, we know that 2032 will see another BTC halving. More than that, the need for trustworthy proof of personhood service will probably only grow as the flood of bots on the Internet is a persistent trend.

Worldcoin will capitalize on these events. By the end of 2035 its price will reach over $190.

2040

After the 2030s the project will probably continue to grow as it has a strong use case and a solid Dev team. In 2040 the WLD is going to reach over $818. 

Worldcoin (WLD) Price Analysis for the Past Several Years

Now, let's take a look at the WLD price past trajectory. Below you can see a table with the main WLD price highlights. Under the table there is a more detailed description.

Date Price Why the price dropped/rose to this level (what influenced the price change)
July 25, 2023 $2.19 The initial WLD price at which it was traded in the first day on the market
September 13, 2023 $0.97 The all time low of WLD. The price drop was triggered by the short-term overall market decline.
December 18, 2023 $4.23 The second half of September 2023 saw a strong BTC really which drew the overall market growth. WLD peaked at $4.23 in December.
March 10, 2024 $11.74 Following another BTC really, the WLD price went up at the end of 2023 and the beginning of 2024. Both coins peaked in March.
July 23, 2024 $2.23 The current price (as of July 2024).

The WLD coin entered the market at the price exceeding $2. The start was strong as the token was traded on huge exchanges like OKX, Huobi, and Binance from the earliest days.

For a few days the price was growing but in August the Worldcoin project was banned in Kenya and the price began to decline. Worldcoin's activity was subjected to investigation. On September 13, 2023 the WLD token’s price hit an all time low, dropping below $1. 

Despite these hardships, the token went through a resurgence, following the general crypto market bullish sentiment. By October 2023 the WLD price exceeded $1.6 and continued to climb up steadily. On November 26 it peaked at $2.74. On December 18 WLD reached a new peak at $4.23.

In the following months, WLD lost its dependency on the BTC price. Worldcoin got criticized for slow development (as compared to the announced plans) while some critics expressed doubts in safety of the orbs and sharing biometric data with the Worldcoin network. The negativity surrounding the brand triggered the WLD price decline. 

The price dropped to $2.25 before starting to go up again, led by another Bitcoin rally. In March of 2024 both coins reached their historical maximum values. WLD peaked at $11.74.

Soon after the crypto market saw a decline. For the reminder of the spring the WLD price was fluctuating between $4.5 and $6. In June both Bitcoin and Worldcoin continued to struggle. WLD dropped below $3 and eventually even below $2 level. As of July 2024, the WLD price is around $2.24. Controversies related to a project and Samuel Altman are hindering the project market performance.

Q&A

In this chapter we will briefly answer the most crucial questions about Worldcoin.

Is WLD a good investment?

We must remind you that we are not qualified to give you investment advice. There are different opinions on how good Worldcoin is as an investment. Some focus on the lagging development tempo while others highlight a strong dev and promo teams and see WLD as an asset that is going to stay around for a long time.

Should I buy WLD? 

If you follow the «buy low» rule, the current price (as of July 2024) is pretty low. However, it's up to you whether or not you should invest in WLD now.

What will be the WLD price in 10 years?

According to our calculations, in ten years the WLD price will reach around $150.

Conclusion

As the Internet is increasingly flooded by bots, the universal safe digital ID and personhood proof platforms get more vital. The OpenAI CEO Sam Altman and his partners created such a platform called Worldcoin.

Its native token, Ethereum-based WLD, is traded on most major exchanges. At the same time the project is not permitted in the US while the Kenya authorities investigate the Worldcoin team’s activity. All these factors are echoed in the bumpy WLD token’s price trajectory. However, if the dev team keeps its pace, WLD token has all chances to grow tremendously in the following years.

As opiniões e avaliações expressas no texto são as do autor do artigo e podem não representar a posição da Cryptogeek. Não se esqueça de que investir em criptomoedas e negociar na bolsa está associado a risco. Antes de tomar decisões, faça sua própria pesquisa de mercado e dos produtos de seu interesse.


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