Worldcoin’s WLD looks to breach $1B Market Cap as NuggetRush prepares for launch

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

NUGX intends to differentiate itself through novel features like NFT staking for up to 20% yields and physical gold redemption for certain...

Worldcoin is currently one of the hottest topics in crypto as the token has pumped over 40% in the last 24 hours to hit a new all-time high of around $7.6. In fact, WLD now approaches a $1 billion market capitalization, sitting at around $980 million at press time.

With Altman’s OpenAI excelling through products like DALL-E and now Sora, his other AI-centric project Worldcoin looks well-positioned to also captivate mainstream interest. Revolutionizing digital identity and access seems to be Worldcoin’s goal, riding on the wave of enthusiasm for AI’s potential in 2024 and beyond.Analyzing the WLD/USDT chart reveals the technical factors behind this vertical ascent. Since mid-December, WLD traded rangebound between $3.5 and $2.

Notably, Alameda Research still holds 25 million WLD – about 19% of the total supply – received at just $1.78 last August, asThat stake is now worth over $167 million. Alameda remaining committed despite being massively in profit is an optimistic sign, but investorsbuilds steam ahead of its launch. NuggetRush combines crypto gaming with NFTs and DeFi to create a platform focused on gold rewards. We can define it as a meme coin with utility.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of Canada's interest rate decision shouldn't depend on housing market, economists argueAs Canada's inflation rate fluctuates, economists suggest that the Bank of Canada should not base its interest rate decision on the housing market. The January consumer price index report is expected to show a decrease in the inflation rate. Lower energy and food prices are believed to be the main factors behind the slowdown.
Source: TerraceStandard - 🏆 24. / 68 Read more »

Gold market analysis for February 16 - key intra-day price entry levels for active tradersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Cardano’s Charles Hoskinson cautions against ‘legacy-eating’ cryptosCardano co-founder Charles Hoskinson voices criticism against legal institutions for influencing the crypto market.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin Market Cap Surpasses $1 Trillion as ETFs Attract Massive InvestmentsBitcoin's market capitalization reaches $1 trillion as U.S. spot Bitcoin ETFs attract significant investments, according to Thomas Fahrer, Co-founder of Apollo. The ETFs have drawn approximately $2.2 billion, surpassing the initial four weeks following their launch. Despite challenges, Grayscale remains a market leader.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Naira Resumes Decline in Parallel Market After Days of StabilityNigeria’s currency plunged to a record in the parallel market after days of stability, highlighting the need for more steps from the central bank to stem the decline.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Gold price weaker amid bearish outside market forcesThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »