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$SUI Price Prediction Based on Market Movements
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Big breakout on $PEPE đ #mememcoinseason2024 #meme_coin #PepeCoinToTheMoon #pepe⥠#WeAreAllSatoshi
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Worldcoin ($WLD )Price Prediction and Future Expansion Looking at the Stoch indicator and the price movement of $WLD, it is likely to experience a significant increase this month. This is also supported by the following factors: A recent report by CNF discussed Worldcoin, led by Sam Altman, gaining support from Binance, suggesting that a price surge for WLD may be on the horizon. Despite the current price drop, technical analysis indicates that WLD could see a significant price increase by 2025. Projections range from a low of US$3.56 to a high of US$4.29, with an average price estimate of around US$4.00 for next year. This reflects positive long-term expectations for Worldcoinâs growth and expansion.
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$WLD Price Faces Pressure as FTX Prepares to Auction 22.3 Million Worldcoin Tokens The price of Worldcoin (WLD) has recently faced pressure, dropping by more than 2% following reports that FTX is preparing to auction 22.3 million locked WLD tokens, worth approximately US$37.7 million, at a significant discount. Currently, WLD is trading around US$1.64, down 3.93% over the last 24 hours and 21.03% over the past week. This auction is part of FTX's ongoing efforts to recover funds for creditors after the collapse of the exchange. The tokens are expected to be sold at a discount ranging from 40% to 75% of the current price, and the auction will close at midnight UTC on Wednesday. There will be no further auctions for WLD, and the tokens will gradually unlock between December 2024 and July 2028. $WLD Faces Over 20% Weekly Price Drop As mentioned above, currently trading around US$1.70, $WLD has experienced a sharp weekly decline, with its price dropping more than 20%. According to Figure Markets Co-Founder Mike Cagney, who announced the auction, the token could be discounted by over 75%. Cagney also indicated that Figure Markets is considering setting up a fund to bid on WLD tokens, similar to their previous involvement in the auction of Solana tokens from FTX earlier this year. FTX's previous estate sold its shares in Solana and Metaplex tokens at a discount to major investors, including Pantera Capital. With this latest Worldcoin token auction, the company continues liquidating its crypto holdings, leaving it with around US$594 million in residual assets, mostly consisting of illiquid FTT tokens.
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Still bullish $WLD đđ
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