 Hello, and welcome to Make Money Territory. In this video, we will be talking about the latest update on Worldcoin. Worldcoin WLD is a new kind of digital money that also involves digital identity. People all around the world are interested in it because its price is currently $4, and it has gone up by almost 50% in the last 24 hours. Many are wondering what might happen to its value in the future. In this analysis, we'll explore and make predictions about where Worldcoin price might go. Let's check out our thoughts on the WLD price prediction. The Worldcoin project aims to create a massive global network for both identity and finance that is accessible to everyone as a public service. This is centered around WorldID, a privacy-focused, worldwide identity network. WorldID allows users to prove their identity online, proof of personhood, while safeguarding their privacy through a method called zero-knowledge-proofs. To participate in the Worldcoin system, people need to download the WorldApp, which is the initial wallet app supporting the creation of a WorldID. To get their WorldID verified, individuals use a physical imaging device called the Orb. Orbs are usually managed by local businesses known as Orb operators. The Orb employs multi-spectral sensors to confirm identity and all images are immediately deleted on the device by default unless explicit consent is given for data custody. People with Orb-verified WorldIDs are eligible to receive regular grants of free WLD tokens. However, it's important to note that WLD tokens are not available in the United States. The WLD token is designed as a utility token with governance features, allowing users to have a say in the future of the protocol. Besides the traditional one-token one-vote governance, the introduction of WorldID opens the door to one-person one-vote mechanisms, and both can be combined for innovative governance approaches. After the launch, the Worldcoin Foundation will seek input from the community on how WorldID and the WLD token should interact in the governance model. The community will play a significant role in determining the token's utility and various use cases may emerge, such as using WLD for actions in the WorldApp, making payments or expressing support for specific initiatives. The WLD token operates on the Ethereum network as an ERC-20 token, and user grants will be received on the optimism mainnet. Consequently, most WLD transactions are expected to occur on the optimism network. Worldcoin has seen a trading volume of $961 million in the last 24 hours. The market capitalization stands at $417 million, and Worldcoin holds a market dominance of 0.03%. Over the past day, the price of WLD has increased by almost 50%. Worldcoin achieved its highest price on December 16, 2023, reaching an all-time high of $4.46. The lowest recorded price for Worldcoin was $0, but since its all-time high, the lowest price was $3.66, cycle low. The highest price observed since the last cycle low was $4.11, cycle high. The current sentiment for Worldcoin's price prediction is bullish, and the fear and greed index is indicating a value of 73, which corresponds to greed. As for the circulating supply, there are currently 103.30 million WLD tokens out of a maximum supply of 10.00 billion WLD. In the Ethereum, ERC-20 token sector, Worldcoin holds the 40th position in terms of market capitalization. Have you ever wondered about the recent surge in Worldcoin's value? What's behind this sudden and remarkable increase? Let's delve into this intriguing world of cryptocurrency, Worldcoin or WLD has indeed seen a miraculous surge, with its value shooting up by nearly 60% in just a day. Interestingly, this surge is no fluke. It's closely tied to a major update in the Worldcoin protocol and new integrations. Worldcoin has broadened its horizons, integrating with platforms like Reddit, Telegram, Minecraft, Shopify, and Mercado Libre. This wider adoption and use of Worldcoin on various online platforms might be a significant contributor to its escalated value. An upgrade named WorldID 2.0 has added more spark to Worldcoin's growth. This advanced version of the digital passport for verifying human identity now includes app integrations and a plethora of new features. The aim of this upgrade is to offer users a stronger privacy-preserving tool for verifying their identity in the digital world. The recent bullish trend in WLD's performance is noteworthy. With 16 green days in the last 30, it has seen a substantial 53% increase. The crypto is now trading near its cycle high, indicating positive momentum and investor confidence. Worldcoin also boasts high liquidity, reflected in its significant market capitalization. The fact that less than 1% of the total supply is currently in circulation could further fuel upward price pressure. With a limited circulating supply, positive market sentiment, and trading near the cycle high, Worldcoin's price might see further upward movement. However, the path of cryptocurrencies is often winding and unpredictable. It could go back to around $3.496 and $3.222, or even drop to the 70% level at $3.053. After hitting these critical levels, there could be a swift price increase, trying to reach the peak at $4.58 again. If it successfully surpasses this point, it could challenge the highest price ever at $5.293 and potentially hit new highs at $6.51. This potential move would represent a 115% increase from the lowest point at 70.5%, which is $3.058. In the midst of these developments, Sam Altman, co-creator of the Identity-centric Crypto Initiative, has highlighted a spectrum of concerns. These include the substantial resources required in the manufacturing process of the mysterious orb devices and the complex phenomenon of biometric resistance resonating within the general populace. As Worldcoin stands at the crossroads of technological innovation, identity verification, and financial transformation, the unwavering support from OpenAI's Sam Altman raises questions about the project's future trajectory. With regulatory investigations looming and funding speculations gaining momentum, the crypto landscape stands at a crucial juncture. Will Altman's support be the catalyst that propels Worldcoin into new heights, or will the challenges in scrutiny impede its visionary mission? Only time will unveil the true impact of this crypto experiment at the nexus of AI and finance. To summarize, Worldcoin's recent surge is linked to a major protocol update and new platform integrations. However, the road ahead is riddled with challenges and potential roadblocks. As we continue to watch this space, it will be intriguing to see how Worldcoin navigates these obstacles and continues its journey in the ever-evolving world of cryptocurrency.