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Junior Content Creator
Harvey Hunter
Junior Content Creator
Harvey Hunter
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The Worldcoin Price surged over 18% over the 24 hour period, fuelled by renewed confidence in bullish Worldcoin price forecasts and AI as a front-running narrative in 2025.
However, this momentum was short-lived as the days following saw these gains completely erased, and then some. The past 24 hours alone have seen a 13.6% decline.
The flash rally was not enough to break the downtrend Worldcoin has suffered under since early December.
While trading volume remains elevated, hovering around $680 million, the bulls have taken a backseat.
Could AGI Come in 2025: the Biggest Narrative to Watch?
These rumors stem from a post titled “reflections” on Sam Altman’s personal blog. He wrote, “We are now confident we know how to build AGI as we have traditionally understood it.”
AGI, or Artificial General Intelligence, refers to “highly autonomous systems that outperform humans at most economically valuable work,” as OpenAI defines it.
Altman further noted, “We believe that, in 2025, we may see the first AI agents ‘join the workforce’ and materially change the output of companies.”
These statements carry weight, given Altman’s tenure as OpenAI’s CEO during the rise of mainstream generative AI products like ChatGPT.
In 2024, AI-related cryptocurrencies saw remarkable growth, with market cap increasing over 125%, according to CoinMarketCap data, buoyed by the exponential growth and adoption of such products.
A breakthrough in AGI could solidify it as a defining narrative for 2025, potentially driving even greater market momentum.
AGI Surge Falls Flat: What’s Stopping the Worldcoin Price?
The fleeting momentum generated by the news could be attributed to slams made by critics who doubt a near-term AIG breakthrough.
OpenAI critic Gary Marcus, in a comedic twist on Altman’s statements, wrote “We are now confident that we can spin bull**** at unprecedented levels, and get away with it.” He labelled the move a stunt for additional funding.
With the decline, the world coin price has now returned to consolidation, ranging between the strong support zone at $2.00 and stubborn resistance at $2.47.
Currently, the asset suffers from bearish sentiment as the Relative Strength Index (RSI) remains below neutral at 43, failing to break into bullish territory. While the AGI surge briefly pushed RSI higher, the buying pressure quickly faded.
The Worldcoin price does show some promise, though. The MACD line crossed above the signal line on December 2, a move often associated with bullish tailwinds.
An approaching retest of both the descending broadening wedge support, forming since mid-September, and the consolidation’s support zone could see buying pressure return.
If this sparks a reversal, the 50SMA will be the key resistance to watch. Flipping it into support could propel Worldcoin back to its early December high above $4.185 – an impressive 90% gain from current levels.
This New Opportunity Could Rally Harder
While AGI developments could create tailwinds for AI coins running into 2025, their meteoric 2024 rise has been far overshadowed by meme coins – the foremost sector driving gains this cycle.
With the meme coin market surging over 330% last year, those elusive 10-100x opportunities seem a dime a dozen. But let me guess, you’ve missed out?
Well, Meme Index ($MEMEX) offers a solution, providing exposure to a broad meme coin index, minimizes risk while capturing upside potential.
Something which may be credited to its instant success, raising over $2 million in its presale already!
The Meme Index is an Ethereum-based platform offering a curated selection of meme coins, balancing strong growth potential with risk management.
With four distinct baskets, investors can tailor their strategies – whether seeking steady growth or chasing higher risks.
While the Titan Index is the heavy-hitter basket, featuring the top 10 meme coins with a market cap of over $1 billion, those looking to maximize their gains may find the High-risk High-reward Frenzy index more attractive. After all, fortune favors the bold.
Even just by holding, investors can rake in passive gains by staking their $MEMEX. With dynamic rates rewarding early adopters and loyal stakers, the current staking APY stands at an impressive 1123%.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
