Riding the recent wave of AI interest among crypto investors, the Worldcoin price has shot up 8% this week.
Meanwhile, the new meme coin Flockerz and its ‘Flocktopia’ DAO shows significant strength in its ICO as an analyst backs it explode.
Traders Look Toward Further Gains As WLD Breaks Key Structural Level
The AI meta is back – and traders are not overlooking Worldcoin.
Despite a rocky past, the project is seeing considerable inflows, with an 8% pump this week and 48% this month. Its market cap sits at $1.3 billion, while its 24-hour trading volume is $249 million.
Analyst Miles Duetscher highlighted that, based on Kaito AI data, AI is dominating over 50% of crypto’s total “mindshare. “
Mindshare refers to public awareness, illustrating that a lot of attention is currently on the AI sector.
FIFTY PERCENT MINDSHARE for AI.
I’ve never seen anything like this before. pic.twitter.com/iBTyygop4H
— Miles Deutscher (@milesdeutscher) October 20, 2024
This was also highlighted by prominent trader Bluntz, saying that “everyone’s going crazy over AI coins again.”
As such, Bluntz points to a recent breakout on the WLD chart, with its price making higher highs, potentially indicating a reversal after a multi-month downtrend.
since everyone’s going crazy over AI coins again, im just gonna leave this here, i think it speaks for itself.$WLD pic.twitter.com/cl6oephQRs
— Bluntz (@Bluntz_Capital) October 19, 2024
Analyst Solberg Invest suggests that Worldcoin has broken from a falling wedge chart pattern. This is typically a bullish sign, indicating a momentum shift after a period of decreasing price and volatility.
The trader targets $21, marking an 800% gain from its current price.
He also notes that there is confluence between technical analysis and market sentiment, which strengthens his bullish thesis.
$WLD to $20+?
$WLD‘s giant falling wedge hints at an 800% rally to $21 if it breaks out!
-Technical and market sentiment suggest potential.
Stay tuned for more! #Crypto #WLD #Bullish pic.twitter.com/JylAcCKor9
— Solberg Invest (@SolbergInvest) October 20, 2024
It’s also worth noting that Worldcoin has just launched a layer 2 blockchain. This opens the project to more use cases and provides extra ammunition for its ongoing bullish ascent.
$WLD Nobody is ready for the V reversal thats about to happen @worldcoin https://t.co/9ocSp6bPmd pic.twitter.com/8j742bEXaL
— BTCmask (@BTCmask_AI) October 19, 2024
Projects that consistently add innovative features can more easily retain user attention, helping them grow faster.
This is also why the new meme coin Flockerz is turning heads. It is building the first Vote-to-Earn decentralized autonomous exchange (DAO) and is showing significant strength amid its presale.
Flockerz Tipped to Pump By Analyst As Its Presale Surpasses $900K Raise
Flockerz is not your average meme coin.
Imagine being able to shape the future of a cryptocurrency by being a holder. Better yet, imagine getting paid for it.
This is what Flockerz is creating. It’ll be the world’s first Vote-to-Earn DAO.
Users will vote on all decisions relating to the project—big and small—and they’ll earn tokens for doing so.
Self-appointed, centralized teams lead most meme coin projects. This can create conflict of interests between projects and the communities and can lead to major problems. For example, rogue Pepe team members stole $15 million from the project’s treasury last year.
Flockerz solves this by implementing decentralization and aligning user incentives with the project’s success, a recipe analysts think has huge potential.
For instance, ClayBro says it can 100x, dubbing it a “truly decentralized gem.”
The analyst also noted that Flockerz holders can stake their tokens. Moreover, staking rewards are currently huge.
They’re valued at 1,800% APY, but they’ll will decrease as the staking pool grows.
Meanwhile, the presale price will gradually increase. The current price is $0.0058161, but it will increase in one day.
Another analyst Cilinix Crypto, who foresaw the Worldcoin price rise this week, also positively reviewed Flockerz as a ‘new promising memecoin’.
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The post Worldcoin Price Up 8% This Week, Some Analysts Also Bullish on Flockerz Crypto DAO appeared first on CryptoPotato.
This articles is written by : Fady Askharoun Samy Askharoun
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