• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

Is the Next Bitcoin Black Swan Lurking Around the Corner?

2025-07-05

What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

2025-07-04

What Is Liquid Staking? How It Works & Why It Matters in Crypto

2025-07-04

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    2025-07-04

    What Is Liquid Staking? How It Works & Why It Matters in Crypto

    2025-07-04

    What are Rollups in Crypto? ZK Rollups and Optimistic Rollups Explained

    2025-07-02

    A Full Comparison of Layer 2 Solutions

    2025-07-02

    What are Optimistic Rollups? How They Work and Why They Matter

    2025-07-01
  • Videos

    Is the Next Bitcoin Black Swan Lurking Around the Corner?

    2025-07-05

    How To Get Rekt Buying Bitcoin Treasury Companies

    2025-07-03

    No More Bitcoin Left For YOU!!!

    2025-07-03

    🔥 Bitcoin Bereikt Nieuwe Hoogtepunten en wordt geoptimaliseert met deze Layer 2 Presale!!!

    2025-07-02

    Bitcoin To $1M? Here’s WHY!

    2025-07-02
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Analysis»Analyst Predicts Deep Correction for Sam Altman’s Worldcoin, Updates Outlook on Solana and Two Other Altcoins
Analysis

Analyst Predicts Deep Correction for Sam Altman’s Worldcoin, Updates Outlook on Solana and Two Other Altcoins

2023-08-08No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

A closely followed analyst believes that the native token of the crypto project co-created by ChatGPT founder Sam Altman looks poised for a severe correction.

Pseudonymous analyst Altcoin Sherpa tells his 196,400 X followers that he’s bearish on Worldcoin (WLD), an artificial intelligence-based crypto project that uses iris-scanning technology.

According to the trader, WLD is likely to witness a nearly 40% devaluation from current prices at the very least after losing the 0.618 Fibonacci level.

“WLD: don’t buy this thing until low $1s and even then, it’s just a buy for a quick bounce, nothing else. THIS IS NOT A LONG-TERM INVESTMENT.”

Image
Source: Altcoin Sherpa/X

At time of writing, WLD is worth $2.03.

The crypto strategist is also keeping an eye on the smart contract platform Solana (SOL). Altcoin Sherpa says SOL is currently in an area of interest as it hovers close to its 200-day exponential moving average (EMA).

“SOL: It’s too hard to tell which areas are important to the left, so you can use 200-day EMA as confluence to your levels. This is probably an area of interest right now, and I think that Solana will do well in the bull market. Not a bad idea to just buy some and accumulate.” 

Image
Source: Altcoin Sherpa/X

At time of writing, SOL is trading for $23.07 with the 200-day EMA sitting at $22.62.

Next up is Maker (MKR), a token that supports the stablecoin Dai (DAI). Altcoin Sherpa says that he’s looking to accumulate the token just above the 0.50 Fibonacci retracement level.

“MKR: My favorite setup, the Fib .50 retrace. Looking for around $1000; psychological and should be close to these key levels. To be determined if this is over or not, but I think it’ll be a good buy.” 

Image
Source: Altcoin Sherpa/X

At time of writing, MKR is worth $1,209.

See also  PayPal Integrates With Crypto Wallet Ledger To Allow Users To Buy Crypto Assets Within App

The last altcoin on the trader’s radar is Rollbit Coin (RLB), the native asset of the crypto casino and exchange platform Rollbit. According to Altcoin Sherpa, RLB looks primed to rally all the way up to its immediate resistance at $0.126.

“RLB: Taking 50% off here, will take profit more higher and also leave a runner on this. Despite all the FUD (fear, uncertainty and doubt), I still think it’s a $ printer.”

Image
Source: Altcoin Sherpa/X

At time of writing, RLB is trading for $0.118.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney

Altcoins Altmans Analyst Correction deep Outlook Predicts Sam Solana Updates WorldCoin
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Solana Summer Is Here!!

2025-07-01

Why Tokenized Real-World Assets Could 100x Solana 🚀

2025-06-25

Will Quantum Computers Kill Bitcoin? | My Favorite Altcoins

2025-06-21

How and When Do I Take Bitcoin Profits? | Top Altcoins

2025-06-14
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Regulation

Crypto Markets Tick Upward on Friday As Fed Chair Jerome Powell Strikes Mixed Tone on Inflation in New Speech

2023-12-02

Bitcoin (BTC) and the crypto markets ticked upward on Friday after U.S. Federal Reserve Chair…

NFT

Fewocious Announces Details for Long-Awaited PFP Collection

2023-05-31

There are few creators as important to the NFT space as Fewocious. A prolific artist…

Learn About Crypto

Next Cryptocurrency to Explode 2023

2023-03-30

intermediate There is no doubt that the crypto market is growing by leaps and bounds.…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

Is the Next Bitcoin Black Swan Lurking Around the Corner?

2025-07-05

What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

2025-07-04

What Is Liquid Staking? How It Works & Why It Matters in Crypto

2025-07-04

How To Get Rekt Buying Bitcoin Treasury Companies

2025-07-03
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 108,808.15
ethereum
Ethereum (ETH) $ 2,548.82
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.27
bnb
BNB (BNB) $ 663.38
solana
Solana (SOL) $ 152.60
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.284578
dogecoin
Dogecoin (DOGE) $ 0.170581
staked-ether
Lido Staked Ether (STETH) $ 2,547.66
bitcoin
Bitcoin (BTC) $ 108,808.15
ethereum
Ethereum (ETH) $ 2,548.82
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.27
bnb
BNB (BNB) $ 663.38
solana
Solana (SOL) $ 152.60
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.284578
dogecoin
Dogecoin (DOGE) $ 0.170581
staked-ether
Lido Staked Ether (STETH) $ 2,547.66