Worldcoin (WLD) has been experiencing a strong uptrend since early September, gaining significant momentum over the past 24 hours. The altcoin’s recent rally has pushed its price to a five-month high, with WLD nearing a crucial psychological level of $4. 

This positive price action is driven by new initiatives aimed at fostering growth and increasing adoption, signaling that the altcoin could continue its upward trajectory.

Worldcoin Reaches New Regions

One of the key factors contributing to Worldcoin’s surge is the positive divergence seen in the Price DAA (Daily Active Addresses) indicator. This is a strong buy signal, as the divergence shows that more users are engaging with the platform, which often leads to higher demand and price increases.

Worldcoin has also rolled out its new World ID passport credential system in Chile, Colombia, Malaysia, and South Korea. This expansion has led to increased demand and greater user participation, further fueling the rally.

As the platform attracts more users and expands its utility, the market sentiment surrounding Worldcoin has become increasingly bullish. As demand grows, the value of WLD is expected to continue to rise, creating further opportunities for both short-term and long-term investors.

Worldcoin’s macro momentum looks promising, with active addresses currently at a six-month high. This surge in active participation suggests that investor interest in the project is on the rise. Increased activity and engagement on the network are often indicative of growing demand, which has been one of the primary drivers of WLD’s recent price appreciation.

The uptick in active addresses also signals that Worldcoin is gaining traction within the crypto community. As more investors and users engage with the platform, the cryptocurrency is building a strong foundation for continued growth.

This participation is a direct response to the increasing demand for Worldcoin’s services, particularly the World ID system, which has been gaining momentum in new markets.

WLD Price Prediction: Aiming Higher

Worldcoin’s price has surged by 20% over the last 24 hours, breaking above the critical support level of $3.36. This increase has propelled WLD to a five-month high, indicating a strong upward trend. With the support at $3.36 now holding, WLD has room to push higher, potentially reclaiming the $4.00 level.

The next target for Worldcoin is the $4.00 resistance, which could be pivotal for its continued growth. If the price manages to break through this level, it could signal a new phase of price appreciation, drawing in more investors and boosting confidence in the project. As adoption continues to grow, particularly with the expansion of World ID, WLD may continue to rise, reaching new milestones.

Looking ahead, if the current momentum persists, Worldcoin could see further gains in the coming weeks. The combination of increasing adoption, and positive market sentiment suggests that the cryptocurrency is well-positioned for long-term growth.

However, if WLD loses the support of $3.36, it could fall to $2.78. Losing this support would invalidate the bullish thesis completely

Crypto analyst Vincent has given reasons why the XRP price could rally to as high as $10,000 at some point. This comes amid the recent XRP rally, with the crypto now targeting its current all-time high (ATH) of $3.8. 

Why The XRP Price Can Reach $10,000

In an X post, Vincent revealed that he had consulted with ChatGPT, and the AI chatbot had told him that the XRP price could easily reach $10,000 per coin. XRP’s market cap is one reason that has been used as an argument as to why the crypto can’t achieve such a price level. The analyst stated that ChatGPT also invalidated the market cap argument, stating that monetary market cap is an invalid metric. 

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Vincent failed to provide a timeline for when ChatGPT said the XRP price could reach such an ambitious price target. However, he mentioned that he had discussed Ripple with the AI chatbot. This suggests that ChatGPT might have considered Ripple’s influence before making this $10,000 prediction. 

Indeed, Ripple could play a major role if the XRP price is to come close to or reach this $10,000 target. While predicting that XRP can reach $1,000, crypto analyst CryptoTank alluded to Ripple payments service and cited an instance where the crypto firm’s payment rails are used to process most cross-border transactions. 

XRP’s use case will increase as Ripple’s payment service enjoys mass adoption, providing a bullish outlook for the XRP price. Meanwhile, it is also worth mentioning the XRP ETFs, which are also bullish. The US Securities and Exchange Commission (SEC) could approve these funds next year, especially with reports that pro-crypto Paul Atkins could replace Gary Gensler. 

These funds would drive institutional inflows into the XRP ecosystem, sparking a significant price rally. However, it remains to be seen if they could drive the crypto to five figures. 

A Rally To Double Digits In This Cycle

Amid this lofty XRP price prediction of $10,000, crypto analyst Mikybull Crypto has predicted that the crypto could rally to double digits in this market cycle. This came as the analyst stated that XRP was giving 2017 kind of rally vibes, indicating that the crypto could replicate its legendary rally of over 61,000% in that 2017 bull run. 

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In line with this, the crypto analyst predicted that XRP price would hit $2, experience a pullback, and then continue its vertical hated rallies to a new cycle top of probably $10. Using the Elliott Wave theory, crypto analyst Dark Defender predicted that XRP could rally as high as $18 in this bull run. 

At the time of writing, the XRP price is trading at around $1.90, up over 18% in the last 24 hours, according to data from CoinMarketCap. 

Featured image created with Dall.E, chart from Tradingview.com

The crypto market is set for several major token unlocks this month, with $5.08 billion worth of assets scheduled for release in December.

BeInCrypto highlights the top five cliff unlocks that will bring a significant influx of tokens into the market.

November Token Unlocks: What to Expect

Tokenomist (formerly Token Unlocks) reports that $1.99 billion of December’s token unlocks are classified as cliff unlocks. In these events, tokens are released on a periodic schedule — such as weekly, monthly, or yearly — rather than daily.

Investors and traders closely watch token unlocks because they introduce previously locked tokens into circulation, impacting market dynamics. While these events can create growth opportunities, they also pose the risk of increased selling pressure.

This month’s most notable cliff unlocks include Sui (SUI), Jito (JTO), Aptos (APT), Arbitrum (ARB), and Optimism (OP).

Sui (SUI)

On December 1, Sui will unlock 64.19 million tokens, valued at $221.47 million at current prices. The distribution of these tokens is as follows:

• Series A: 19.84 million SUI ($68.44 million)
• Series B: 19.32 million SUI ($66.66 million)
• Community Reserve: 12.63 million SUI ($43.57 million)
• Early Contributors: 10.34 million SUI ($35.67 million)
• Mysten Labs Treasury: 2.07 million SUI ($7.14 million)

Jito (JTO)

On December 7, Jito plans to release 135.71 million tokens, worth roughly $498 million. This unlock will exceed JTO’s existing circulating supply. The token allocation is as follows:

• Core Contributors: 81.67 million JTO ($299.72 million)
• Investors: 54.05 million JTO ($198.35 million)

Aptos (APT)

Aptos is set to unlock 11.31 million APT tokens on December 11, representing 2.12% of its total supply. These tokens have a total value of $149.85 million. The distribution will be as follows:

• Foundation: 1.33 million APT ($17.56 million)
• Community: 3.21 million APT ($42.28 million)
• Core contributors: 3.96 million APT ($52.13 million)
• Investors: 2.81 million APT ($36.98 million)

Arbitrum (ARB)

On December 16, Arbitrum will release 92.65 million ARB tokens, worth $88.80 million. This significant unlock represents 2.26% of ARB’s circulating supply. The distribution of these tokens will be as follows:

• Team, future team, and advisors: 56.13 million ARB ($53.79 million)
• Investors: 36.52 million ARB ($35 million)

Optimism (OP)

On December 31, Optimism will unlock 31.34 million tokens. These tokens, worth approximately $75.85 million, account for 2.50% of its circulating supply. The distribution of freshly released OP will be as follows:

• Investors: 14.80 million OP ($35.82 million)
• Core contributors: 16.54 million OP ($40.03 milliom)

Beyond these major events, the market will also see cliff token unlocks from other notable projects in December, including Cardano (ADA), ZetaChain (ZETA), Immutable (IMX), ApeCoin (APE), Starknet (STRK), and Sei (SEI).