Worldcoin's WLD Token May Experience a Large-Scale Rally, Target Price $6.30

According to CryptoPotato, over the past year, Worldcoin's native token WLD has seen an increase of approximately 130%. However, this upward trend was short-lived, followed by profit-taking, causing WLD to drop about 20% from its peak of $4.68, which occurred less than 10 days ago. In light of this, data suggests that the WLD token may quickly experience a remarkable large-scale rally.

Renowned crypto analyst Ali Martinez suggests that Worldcoin on the 4-hour chart is showing signs of a breakout despite the bull flag. If confirmed, the WLD token could rapidly surge by as much as 80%, with a target price of $6.30.

Worldcoin has been controversial since its inception. Despite garnering global attention, it wasn't until November that the WLD token started gaining traction. On December 18th, amid an overall market uptrend, the token reached a peak of $4.68, subsequently falling to $3.81. In terms of regulation, Worldcoin's development has faced challenges. Reports indicate that after promoting its eye-scanning devices in markets such as India, Brazil, and France, Worldcoin quietly suspended Orb verification services in these countries. Despite setting up temporary booths in places like India, attracting a large number of new users queuing up for registration and free token distribution, this decision came unexpectedly.