(Chart by TradingView)
Although the Worldcoin alligator has not yet formed due to insufficient data, its journey began on July 24, 2023, at a price of just over $2.15. Since then, the price has fluctuated up and down.
Similarly, the Moving Average Convergence Divergence (MACD) indicator has not been generated due to insufficient data.
The Stochastic Relative Strength Index (RSI) is also not available for the same reason: the data is not yet available.
Now, the alligator's mouth is still forming, so it is impossible to tell whether it will go down or up.
Let's see if this Worldcoin alligator is up for a journey.
About Worldcoin (WLD)
Worldcoin (WLD) is a cryptocurrency project that aims to build the world's largest identity and financial network. It uses a privacy-preserving digital identity (World ID) and a digital currency (WLD) to create a more inclusive and equitable financial system.
Worldcoin is still in its early stages, but it has already been met with some controversy. The project's use of biometric data has raised concerns about privacy, and its distribution model has been criticized for being unfair to people in countries where it is not yet available.
Despite these concerns, Worldcoin has the potential to be a major player in the cryptocurrency space. If it is successful, it could revolutionize the way we think about identity and finance.
Here are some of the key features of Worldcoin:
- Privacy-preserving digital identity: World ID is a digital identity that is designed to protect user privacy. It uses iris scans to uniquely identify users, but the scans are encrypted and stored in a decentralized manner. This means that users' personal information is not exposed to third parties.
- Digital currency: WLD is a digital currency that is distributed to users simply for being human. The amount of WLD that each user receives is based on their iris scan. WLD can be used to make payments, send remittances, and store value.
- Global reach: Worldcoin is designed to be a global currency. It is not currently available in the United States, but the project plans to expand its availability in the future.
Worldcoin is a new and innovative project with the potential to make a significant impact on the world. It remains to be seen whether the project will be successful, but it is certainly worth watching.
Here are some additional details about Worldcoin:
- The initial total supply of Worldcoin is 10 billion WLD.
- For 15 years following launch, the supply cap is fixed to 10B WLD.
- After 15 years, governance may decide to implement an inflation rate of up to 1.5% per year.
- The 10B WLD tokens are allocated to different stakeholders as follows:
- Community: 75%
- Tools for Humanity (TFH): 13.5%
- Initial development team: 9.8%
- TFH: 1.7%
- Worldcoin is currently available in over 20 countries.
- The project's website is https://worldcoin.org/.
Assisted by https://bard.google.com/.
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