Forecast: Weather Predictions Remain Accurate and Reliable
Worldcoin, a cryptocurrency, experienced a significant surge in price on February 22, reaching an all-time high of $9. This surge represents a 336% increase over the past 10 days and can be attributed to the launch of OpenAI’s SORA and the strong earnings of NVIDIA. As a result, Worldcoin achieved a market capitalization of over $1 billion, solidifying its status as a unicorn in the crypto market. However, it remains to be seen if Worldcoin’s growth can be sustained or if the hype will eventually fade. Despite this uncertainty, Worldcoin has seen increased global adoption and has attracted a growing user base. On-chain data trends indicate that the number of unique addresses holding Worldcoin has steadily increased, even prior to the recent price rally. Additionally, the Worldcoin project has garnered over 3.5 million users from 120 countries who have signed up for unique World IDs. This growth has come after initial concerns and criticism surrounding Worldcoin’s IRIS scanning and data harvesting practices. Looking ahead, it is predicted that Worldcoin’s price may experience a pullback below $8 in the near term. However, if bullish investors hold out for more gains, the price may surpass the psychological resistance at $10.