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Breaking News: Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days
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Breaking News: Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days

Why Worldcoin (WLD) And PEPE Dominate The Crypto Market Trends This Week

Reynaldo Marquez
Reynaldo Marquez
2 years ago
2 mins read
Worldcoin PEPE WLDUSDT PEPEUSDT

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Worldcoin and its native token WLD have been taking the attention of crypto investors, according to recent data from Coingecko. The project recently announced its worldwide launch inviting users to “visit the orb” and receive rewards by onboarding the platform.

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WLD has doubled its value from its launch on July 24th, when the cryptocurrency was trading at around $1. The token rose to $2.19 the following week and has been moving sideways since amid a surge in controversy from different angles.

Worldcoin WLD WLDUSDT
WLD’s price is trending sideways on the 1-hour chart. Source: WLDUSDT Tradingview

Worldcoin (WLD) Leads Crypto Tendencies

In addition to WLD, Coingecko shows that Bitcoin (BTC), Unibot (UNIBOT), Chainlink (LINK), HarryPotterObamaSonic10Inu, and Pepe Coin (PEPE) have been trending along with other tokens. Bitcoin remains the leader on this chart despite the crash in the BTC.D chart.

This metric gauges the percentage of the crypto total market cap comprised solely of Bitcoin’s market capitalization. Often, when the chart trends to the upside, altcoins, such as Worldcoin (WLD) and PEPE, experience a drop in their prices and vice versa.

In that sense, WLD’s launch came at a favorable time for small tokens. The project has promised a reward for every user willing to scan their eyeballs with one of the devices scattered around different countries.

Thus, sparking controversy about their practices from the crypto community and regulators, some of which are already looking into the project’s legitimacy.

Via his Twitter (X) account, Adam Cochran wondered if the hype around WLD is organic or fabricated by a marketing strategy. Cochran wrote:

So either Worldcoin, or some group of Orb operators are legit paying plants to stand in line at orbs both for videos and to create demand for the orbs. Got pinged by an old marketing firm friend who does field event marketing, who was asking if Worldcoin is legit.

PEPE Leads Trends In The United States

While WLD took over the global attention in the nascent sector, PEPE Coin is still the king of the top trending tokens in 2023. Research conducted by Marketplace Fairness indicates that the token has been trending across 23 of the 50 states in the U.S., including Florida, California, and Texas.

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UK Regulator To Enquire About Worldcoin, As WLD Declines By 17% One Day Post-Launch

1 year ago

The cryptocurrency was launched a few months ago but has already garnered more interest than Cardano (ADA), XRP, Litecoin (LTC), Dogecoin, etc. Most of these tokens only trended in 2 of the 50 states in the U.S. in 2023.

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Reynaldo Marquez
Reynaldo Marquez

Reynaldo Marquez

A literature major, Reynaldo Márquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide.
In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride.
He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times.
In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson’s ‘Neuromancer.’ The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau’s ‘Civil Disobedience.’
But that’s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term.
In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry.
Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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