Why Writing Off Worldcoin (WLD) as Overhyped or Dead Could Be a Mistake

Worldcoin has faced a lot of criticism in the crypto world for a while now. From privacy concerns to questions about centralization, it has carried more controversy than most new tokens. 

Ethereum’s co-founder Vitalik Buterin once raised serious issues about how it handles security and user data, leading many to dismiss it as another overhyped experiment. Yet for all the noise, Worldcoin continues to attract attention for one simple reason: it’s hard to ignore who built it.

How WLD Price Defied the “Dead Coin” Label

After months of consolidation between $1.6 and $0.9, the WLD price finally made a bold move in early September. Between the 8th and 9th, it jumped more than 250%, shocking traders who had written it off. 

The rally didn’t last long, as price corrected just as quickly, falling into a downtrend that continues to this day. Many saw this as proof that the Worldcoin token was finished.

However, an analyst known as Vertix on X thinks otherwise. He pointed out that what many called a “collapse” was actually a phase of quiet accumulation. The price held its base, volume cooled, and buyers simply waited. In Vertix’s view, the market wasn’t rejecting Worldcoin, it was preparing for its next move.

Why the Worldcoin Token Still Has Strong Foundations

Vertix’s analysis goes deeper than short-term price swings. He emphasized that a $9–10B fully diluted valuation (FDV) doesn’t happen by accident. Worldcoin was created by Tools for Humanity, a company co-founded by OpenAI CEO Sam Altman, someone known for betting big on futuristic ideas. The WLD token represents more than a speculative play; it’s part of a larger vision that connects human identity with artificial intelligence.

This mix of identity and AI may sound complex, but the goal is simple  to create a system that proves you are human in an increasingly AI-driven world. That’s what separates Worldcoin from typical crypto projects chasing trends.

The Technical Setup Suggests WLD Still Has Life

From a technical perspective, Vertix noted that the WLD price recently broke above a descending trend line. This move, supported by renewed interest from early holders, hints that accumulation might be happening again. If current support zones remain firm, the next target could be around $3.

He admitted the Worldcoin token isn’t perfect. The delayed unlock schedule made critics suspect manipulation. Many investors also doubt its real use. These worries keep the project under watch, yet it’s still alive.

What Could Spark the Next Chapter for Worldcoin

Vertix said the real turning point will come when AI connects with identity verification. If Worldcoin links the WLD token to AI identity systems and access control, everything could change. The story would move from doubt to innovation.

Crypto markets are built on stories that evolve quickly. One day a token is “dead,” and the next it’s back in the spotlight. Vertix believes Worldcoin fits that pattern, a project waiting for its moment to align with a larger technological shift.

Calling Worldcoin dead might have been premature. The WLD token still has an active community, strong backing, and a vision that stretches far beyond short-term price action. Whether or not it reaches its next target depends on how well it connects its identity system with real AI applications.

The experiment is still running, and like many ambitious ideas in crypto, it may surprise everyone when it finds its rhythm again.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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