Worldcoin (WLD) Eyes Possible Recovery as Investor Conviction Returns

Worldcoin’s price has been on a bad streak for the past two months, which even invalidated the altcoin’s 66% rally since mid-July. Currently at November 2023 lows, the altcoin can most likely only rise.

This sentiment is also being slightly exhibited by investors, who are recovering from their pessimism, as seen in the Mean Coin Age (MCA). MCA refers to the average time tokens have been in a wallet before being spent or transferred.

It provides insight into the longevity of tokens in circulation and can indicate market sentiment and stability.