Worldcoin (WLD) appears to be recovering after bouncing off a key support level. Let’s see if the coin can reach $8 again. The latest on-chain metrics for Worldcoin (WLD) demonstrate the coin’s resilience and growing optimism among community members. On the other hand, another AI blockchain is gaining more attention, BlockDAG has already managed to attract more than 16 million dollars of investments in its current presale and has given out 7 billion coins already.
The growth rate of the Worldcoin network has found the bottom
Despite periods of fluctuations typical of a dynamic crypto market, the underlying trend on the network reflects steady growth over the long term. However, it has been correcting recently as the price has declined from the historical high of $12, reached on March 11.
Network growth represents the number of new addresses created within it every day. This indicator is at 103 and appears to be stabilizing in this range. At the same time, the total number of WLD holders is growing steadily on a daily basis. Consistent growth demonstrates confidence in the project’s potential and an expanding user base interested in its long-term value. As of April 10, the total number of holders increased to 19,449 compared to 17,218 a month ago.
Global In/Out of the Money (GIOM) data for WLD paints an even more compelling picture. More than half of current holders are in an “In the Money” position, where the current price of their coins is significantly higher than the average purchase price. The key resistance may come from holders who are “out of the money”: 2,150 addresses hold 6.3 million WLD, purchased at an average price of $7.23.
Additionally, 996 addresses with 12.38 million WLD at an average purchase price of $5.31 represent a strong support zone.
Worldcoin (WLD) Price Forecast
Technical indicators show a struggle between bears and bulls. The WLD is below the 50-day (yellow) exponential moving average (EMA) after falling below the 20-day line (orange). EMA lines give more weight to recent price data, making them more sensitive to price changes than simple moving averages.
Moreover, the Relative Strength Index (RSI) is above 40, indicating bearish pressure without entering oversold territory. Meanwhile, the MACD indicator confirms these sentiments with a bearish crossover.
At the current time, WLD price is showing a fighting spirit and is seems like its heading towards $7. However, a break of the 20-day EMA will be vital for a bullish push towards $8. Otherwise, the bears could push the price back to key support below $6, nullifying the upward price momentum.
BlockDAG: Making Digital Asset Creation Accessible
BlockDAG: Nowadays, the most popular digital assets are music, art, and games. Therefore, the need to make digital assets creation accessible is a must. Among the crypto presale market’s leading contenders, BlockDAG is distinguished for the revolutionary opportunities presented in its Whitepaper V2 to generate 30,000x ROI. The platform is unique as it is based on the “Low Code, No Code” approach for creating smart contracts, which provides a democratized way to create digital assets and a good hub for meme coin developers.
This innovation demystifies participation, which opens the ecosystem to the laymen as well as the advanced users, and thereby, the ecosystem becomes more diverse and dynamic. The core of BlockDAG is its DAG (Directed Acyclic Graph) structure, which allows not only parallel processing of transactions but also increases its efficiency and scalability. This progression increases the transaction speed and keeps the network secure and reliable which is a determinant factor of the attractiveness of the network to the investors and developers.
Outstanding BlockDAG Presale
The BlockDAG presale phase is a clear example of the project’s unique technology, which has the potential to offer up to 30,000x ROI, which is significantly higher than what competitors are offering and shows the market’s confidence in the project. BlockDAG surpassed $16 million in fundraising and with Batch 8 being almost sold out, BlockDAG is a great investment opportunity and a testimony to the revolutionary nature of its DAG architecture, and the ease of digital asset creation.
As the presale approaches its final stages, BlockDAG is all set to redesign and redefine the terrain of cryptocurrency investments. The craze around its Batch 8, which will offer coins at $0.0045 per piece, is obvious, with almost no stocks left. The release of BlockDAG’s V2 technical whitepaper has just been a catalyst to the buying spree, with analysts now predicting ROIs to reach up to 30,000x.
