Worldcoin Price Prediction: Sam Altman’s WLD Plunges 10% As This AI Meme Coin Presale Soars Past $2.4 Million.

adminMarch 5, 2024

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Worldcoin price was trading at $7.376 as of 2:50 AM ET due to a 10% drop in trading volume.

Other AI crypto sector tokens including Fetch.ai (FET), Render (RNDR), SingularityNET (AGIX), and Akash Network (AKT) also fell between 5% and 10% range. With meme coins having all the fun, the market capitalization of the sector has only increased by a small percentage.

🔸Meme Narrative
For those who ignore memecoins, let us remind you that during the 2021 bull market, memes were the best performing story of the year.
It has been ranked #1 narrative three times, with an average return far exceeding all other stories ranked #1. pic.twitter.com/HHcr1dJ0sM
— Crypto Koryo (@CryptoKoryo) March 5, 2024

Nonetheless, a drop in World Coin price, as well as its peers in the meme coin sector, could be a good buying opportunity. The NVIDIA 2024 GTC AI Conference, the largest event hosted by NVIDIA, is scheduled to be held in Silicon Valley from March 18th to 21st. This event will feature more than 300 exhibitions across more than 900 sessions.

Of course, ahead of NVIDIA’s big dance, it feels like the market is dishing us AI coins on a platter! Speaking of AI, it’s doing some cool stuff. @SocialHypeIOCombination of AI and Web3!
— Lexus Pfeffer 💰📈💜 (@Lexus__Pfeffer) March 4, 2024

In the past, these Nvidia events have seen the AI cryptocurrency token generate weekly and monthly double-digit profits for each holder.

One theory for ongoing corrections is that traders are taking profits as they cash out recent gains. According to companiesmarketcap.com, Nvidia has surpassed Saudi Aramco to become the third largest company in the world by market capitalization.

nvidia nvidia

Companies by market capitalization

This sprint is likely inspired by the increasing importance of AI technology in our daily lives, especially in terms of functionality, which continues to drive the prices of AI cryptocurrencies higher. NVIDIA 2024 GTC AI Conference Could Inspire the Return of AI Crypto Tokens

For the layman, Nvidia Corporation is an American multinational technology company that has a major influence on AI cryptocurrencies because it makes chips that power AI functions.

Worldcoin price prediction ahead of Nvidia conference

Worldcoin price remains above the support provided by the rising trendline at the $7,000 psychological level. The level to beat is $8.569, but the market is currently favoring the downside. First of all, the Relative Strength Index (RSI) is moving below the signal line (yellow band) and the overall south direction suggests downward momentum.

The histogram bars of the Awesome Oscillator (AO) are also decreasing in volume and steadily heading towards negative territory. This increases the likelihood of a prolonged fall. To make things even more brutal for the Worldcoin price, the Moving Average Convergence Divergence (MACD) indicator has crossed below the signal line (orange band). This crossover is considered a bearish sell signal.

Increasing seller momentum could push Worldcoin price below the $7,000 psychological level, potentially extending to $6,000. For the big-picture bullish outlook to be invalidated, Worldcoin price would have to fall and close below $4.207. Such a move would result in a 40% decline from current levels.

World Coin

TradingView: WLD/USDT 1-day chart

On the other hand, if the bull market returns, Worldcoin price could be pushed north and break the $8.569 barrier. Turning this blockade into support will open the way to further gains. This could set the pace for the Worldcoin price to recover the highs of the $9.450 range or, if very bullish, estimate the $10.000 psychological level. This move represents a 35% increase from current levels.

Nonetheless, as the market waits for the Worldcoin price to recover, investors are rushing to get into SCOTTY early, with presales for this AI meme coin topping $2.4 million.

A promising alternative to Worldcoin

SCOTTY, the token for AI Scotty, is the latest dog-themed meme coin to hit the market, and could thrive as sector tokens soar. It joins peers Dogecoin (DOGE) and Shiba Inu (SHIB), but has a huge edge because it is backed by an advanced AI model with real-world utility.

The unique mix of meme coins and AI could fuel SCOTTY’s surge.

As the cryptocurrency market rebounds, led by spot Bitcoin ETFs (Exchange Traded Funds), the number of cybercriminals seeking to take advantage of unsuspecting cryptocurrency investors continues to increase. With AI Scotty, the cryptocurrency community now has a new defense system against growing threats using sophisticated AI models.

To do this, AI Scotty combs through endless lines of code to identify potential threats buried deep within smart contracts. It also finds bugs that smart contract developers may have unintentionally missed. Any security threats or bugs identified in the code will be immediately flagged and the holder will not have to interact with the smart contract. This prevents any possible loss of funds as a result.

The project is in the pre-sale phase and sales have surged past $2.4 million as it moves toward its $2.656 million goal. Investors who want to buy SCOTTY can do so for $0.0073. This price will only last for less than 10 days before another price increase, so act quickly if you’re planning on purchasing.

🚨 ScottyTheAi No. 1 meme coin in 2024
🎉Public reservation stage 11 is sold out!
🔥Stage 12 is currently live and progressing rapidly. Buy before the price increases in the next phase.
Buy $Scotty Pre-sale at https://t.co/zRmy4g8hfW#memecoin #Bitcoin #Cryptocurrency #Ethereum pic.twitter.com/honbsVR63i
— Scotty The Ai (@ScottyThe_Ai) March 5, 2024

You can also stake your SCOTTY tokens for up to 71% Annual Percentage Yield (APY). Token rewards are distributed to users at the rate of 82.5 $SCOTTY per ETH block.

Visit SCOTTY here to purchase.