Worldcoin and PEPE Dominate Crypto Market Trends This Week

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Worldcoin (WLD) has been gaining attention from crypto investors, as recent data from Coingecko shows. The project launched worldwide recently, offering rewards for users who join the platform.

The value of the WLD token has grown rapidly since its launch on July 24th, when it was trading around $1. Over the following week, the token rose to $2.19 and has remained stable since, although the project has been subject to much controversy.

WLD’s price is trending sideways on the 1-hour chart. Source: WLDUSDT Tradingview

Worldcoin (WLD) Steals Spotlight

Coingecko stats show that Bitcoin (BTC), Unibot (UNIBOT), Chainlink (LINK), HarryPotterObamaSonic10Inu, and Pepe Coin (PEPE) have also been trending, alongside various other tokens. Bitcoin remains the most popular crypto, despite a drop in its BTC.D chart.

This chart measures the percentage of the crypto total market cap composed of Bitcoin’s market capitalization. When this chart trends upwards, altcoins such as Worldcoin (WLD) and PEPE usually experience a decrease in their prices, and vice versa.

The WLD project has promised rewards to users who use the platform’s devices to scan their eyes. This has caused controversy both from the crypto community and regulators, who are now looking into the project’s legitimacy.

Adam Cochran tweeted his doubts about the hype surrounding WLD, wondering if it was organic or manufactured by a marketing strategy. Cochran wrote:

So either Worldcoin, or some group of Orb operators are legit paying plants to stand in line at orbs both for videos and to create demand for the orbs. Got pinged by an old marketing firm friend who does field event marketing, who was asking if Worldcoin is legit.

The PEPE coin has been trending among 23 of the 50 states in the US, including Florida, California, and Texas, despite being launched only a few

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