Worldcoin's WLD Token Surges 27% on OpenAI's Biometric Social Platform Exploration
- Token Price Surge: Worldcoin's WLD token jumped over 27% this week, peaking at approximately $0.64 before retreating to around $0.45, reflecting strong market reaction to OpenAI's exploration of a biometric social platform, indicating investor optimism about future growth potential.
- OpenAI Project Background: According to a Forbes report, OpenAI is developing a 'humans-only' social network that utilizes biometric technologies like facial recognition and Worldcoin's iris-scanning device to ensure only real users can participate, which could transform identity verification in social media.
- Integration Potential: World’s Orb device generates a unique World ID through iris scanning, and if OpenAI incorporates this technology into its social platform, it could significantly boost World’s adoption and utility, with analysts suggesting that substantiated rumors could push WLD another 25% higher.
- Privacy and Regulatory Risks: While the market is excited about the project, privacy advocates warn that iris data, once compromised, cannot be changed, and World has already faced regulatory pushback in several countries, with critics arguing that biometric requirements could create barriers for underserved populations without access to devices.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for WLD
Technical Sentiment Analysis for Worldcoin (WLD) As of , Worldcoin (WLD) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WLD stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WLD is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Worldcoin (WLD) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.149 | 0.228 | 0.312 | 0.392 | 0.476 | 0.555 | 0.639 |
| Fibonacci | 0.228 | 0.291 | 0.329 | 0.392 | 0.454 | 0.492 | 0.555 |
About WLD
About the author







