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Why I’m Reading 170 Pages for a Potential 10x

I’m always on the hunt for the next cryptocurrency with the potential to move in a meaningful way.

My process? A mix of trend analysis, tracking key narratives, and watching where the smart money is positioning.

I rarely get lost in the weeds of the tech itself, since, let’s be honest, most investors just want to know if it can make them money.

But after a chat with my buddy Jason Krutzky over at Spot Trading about Worldcoin, I felt compelled to dig deeper.

Worldcoin was created by Sam Altman, the same Sam Altman behind OpenAI and ChatGPT, the largest AI platform on the planet. That alone made me sit up and pay attention.

So I printed out the whitepaper. All 170 pages of it.

It was so dense I had to buy a heavy-duty binder just to hold it.

The paper outlines Worldcoin’s goal to build a global digital identity and financial network. It starts by giving every person on Earth a unique, verifiable ID through iris scans.

In exchange, users receive free crypto in the form of $WLD.

At its core, Worldcoin is trying to solve a massive problem: proving you’re human online in a world flooded with bots and AI-generated content. If it works, it could unlock fairer access to digital money and decentralized apps, and stop fake accounts from gaming the system.

I haven’t finished reading it yet, but I plan to dive into it properly this week.

What’s intriguing is this: if the project gains traction, we’re potentially looking at more than a 10x move just to get back to its highs from less than 18 months ago.

Of course, it could all turn out to be smoke and mirrors. That’s why I’m approaching it with curiosity, not conviction.

Once I’ve worked through the whitepaper, I’ll share some thoughts.

If you’ve got any insights on Worldcoin, feel free to reply. I’d love to hear what you’re seeing.

From where the sun rises first,

Louis Sykes
Senior Crypto Analyst, All Star Charts