Worldcoin Sentiment Improves, But March Highs Remain A Distant Dream

Worldcoin Sentiment Improves, But March Highs Remain A Distant Dream
Worldcoin (WLD) has been on a rollercoaster ride the past few months. After hitting an all-time high of nearly $12 in March, the coin embarked on a downward spiral, plummeting over 60% in the last three months. This dramatic drop has made investors jittery, with whispers of regulatory woes and profit-taking swirling around the beleaguered token. Related Reading: Ethereum DApps On Fire: Volume Soars Over 90% — Good For ETH Price? However, a recent surge in price suggests a potential comeback story in the making for the token powering the digital identity application. As of today, WLD sits at $2.27, a modest yet significant rise compared to its November 2023 lows. This upward trend has analysts cautiously optimistic, but several factors could determine whether WLD rebounds or retraces its steps. From Gloom To Hope: A Shift In Sentiment Social media sentiment surrounding Worldcoin paints a fascinating picture. Just a month ago, the online conversation was dominated by negativity, with the “Weighted Sentiment” metric reflecting a decidedly gloomy outlook. This negativity likely stemmed from the sharp price decline, leading many to question the pr ..

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