Worldcoin (WLD) Cryptocurrency Surging Today, Know What’s Driving It.
By Nilesh Hembade 16-Sept-2023 3:50 AM GMT
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Introduction:
Worldcoin (WLD) is once again taking center stage. This digital currency, known for its ambitious aim to create the world’s largest identity and financial network as a public utility, is currently causing a stir in the market due to its recent bullish surge.
Over the last 24 hours, the native token of Worldcoin, $WLD, has experienced an astonishing surge of +50.62%, propelling its price to an impressive $1.61, with a total market capitalization of $207 million.
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What is Driving The Price Of WLD Coin?
One of the primary driving forces behind the surge of the WLD token can be attributed to chart analysis. The cryptocurrency community had been closely monitoring Worldcoin’s price movements, particularly since August 8th when the WLD token began consolidating within a descending channel pattern.
However, today marked a significant turning point as the WLD token experienced a massive upside breakout, breaching the $1.22 price point that had previously held it back.
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This breakout leads the WLD token to reach a remarkable high of $1.72, demonstrating the cryptocurrency’s potential for explosive growth.
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