Analyst backs Worldcoin price to hit $26 in 2024, new altcoin poised for more gains
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Worldcoin (WLD) has seen impressive growth recently, with prices surging 170% in the past week alone. According to one prominent analyst, WLD could continue rallying and reach $26 by the end of the year if conditions remain bullish.
While Worldcoin continues rising, there’s another altcoin, Bitcoin Minetrix (BTCMTX), that some experts think would spike at the end of its presale.
Worldcoin price surging
Worldcoin’s recent run has made it one of the most talked-about cryptocurrencies on social media.
The coin’s surge has been fueled by a massive increase in trading volumes, which reached $1.4 billion in the past 24 hours.
This makes WLD the 8th most-traded cryptocurrency globally – although it’s still only the 81st largest (as measured by market cap).
According to prominent analyst Ali Martinez, Worldcoin’s powerful rally is a result of a breakout from an ascending channel pattern on the daily chart.