As a seasoned researcher with a keen eye for market trends and a hearty sense of humor, I find myself intrigued by the case of Worldcoin (WLD). The past month has been a rollercoaster ride for WLD holders, with the asset plummeting 40% to an 11-month low. Yet, despite this steep decline, there seems to be a silver lining: increased interest from new users and a surge in the number of daily active addresses.
Over the last month, Worldcoin has faced challenges due to a higher proportion of its holders being in negative territory. However, there’s been a noticeable uptick in the creation of new accounts.
Over the past 30 days, Worldcoin (WLD) has experienced a significant drop of approximately 40%, reaching an 11-month low of $1.36 on August 5th, according to data from crypto.news. Despite the broader cryptocurrency market regaining some losses, Worldcoin remains challenged in its recovery.
In the last 24 hours, I’ve noticed that my holding in WLD dipped by 2.7%, currently trading at $1.53 as I pen this down. After its monthly decline, the asset has slipped out of the top 100 cryptocurrencies and is now ranked 103rd. With a total market capitalization of $560 million, it’s temporarily finding its footing in the lower echelons.
As a crypto investor, I’ve been keeping an eye on Worldcoin (WLD), and here’s what I’ve noticed. According to Santiment’s data, there’s been a significant surge in daily active addresses for WLD, rising by 19.2% within the past day, now exceeding 330,000. Additionally, the number of new WLD addresses being created each day has experienced a substantial boost since August 18th, jumping from around 4,900 to approximately 11,500. This suggests that despite a decrease in the asset’s price over the past month, there’s been an uptick in interest from new users, which is quite encouraging.
Over the past month, I’ve observed an increase in the number of whales – individuals holding between one million and ten million WLD tokens – from 14 to 18. Moreover, as per data from IntoTheBlock, approximately 92% of all WLD holders are currently underwater, given the current market dynamics.
Approximately 4,000 addresses currently hold the asset, with values ranging from $7.9 to $10.6, as indicated by ITB. At present, just 2% of WLD owners are experiencing a profit, while the rest find themselves in a position that is neither a gain nor a loss.
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2024-08-21 10:58