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Made in USA coins have recently drawn renewed focus within the cryptocurrency community, with Worldcoin (WLD), Pi (PI), and Movement (MOVE) emerging as key players. In the past 24 hours, WLD has surged by 14.5%, demonstrating resilience following global regulatory challenges.
PI has experienced a significant increase of 30% over the last two days, buoyed by positive ecosystem developments and speculation surrounding a potential listing on Binance, despite upcoming token unlocks that could impact market dynamics. Meanwhile, MOVE has seen a partial recovery, rising 10.4% after sharp declines, as the project works to restore investor confidence following internal issues.
Worldcoin (WLD) has been particularly active recently, gaining 14.5% in the last day after experiencing a tumultuous period marked by legal obstacles and regulatory oversight. Despite facing court orders in Kenya requiring the deletion of user biometric data and operational suspensions in Indonesia due to data compliance issues, the token has shown signs of recovery. The Kenyan court decision found Worldcoin's data collection practices unconstitutional, citing concerns over privacy and consent. Similarly, Indonesian regulators cited unregistered activities and misuse of legal certifications as reasons for halting operations.
Despite these setbacks, Worldcoin remains committed to its expansion strategy. Recently, it launched in six major U.S. cities and established a partnership with Visa for a crypto payment card. Additionally, it has integrated USDC through Circle to facilitate rapid cross-chain transfers. Market anticipation of a potential collaboration with an upcoming OpenAI social media platform, along with its recent listing on Coinbase, has heightened investor interest. From a technical perspective, WLD's exponential moving average (EMA) lines have turned bullish. Should this momentum continue, the token might encounter resistance at $1.18 and potentially rise towards $1.259 or even surpass $1.30 for the first time since February 4. Conversely, if the upward trend weakens, WLD could retreat to $1.06 or even $1.00 should selling pressures intensify.
Pi Network is attempting a robust recovery following a severe correction where the token fell by 67% between March 12 and May 7. Within the past two days alone, PI has surged by 30%, instilling optimism among investors. This resurgence aligns with increased visibility for Pi Network, which ranks sixth among Finland's most downloaded social applications, and an anticipated ecosystem announcement scheduled for May 14.
Rumors of a possible Binance listing have intensified amid suspicious wallet activities on Stellar and indications of infrastructure readiness for major exchange integrations. Nevertheless, challenges persist. A substantial number of PI tokens, approximately 668 million, are scheduled to unlock between May and July, posing a risk of overwhelming current market liquidity. Market volume has plummeted significantly, dropping from $1.3 billion daily to merely $45 million in recent months. Even so, Pi's EMA lines indicate a potential golden cross formation. If bullish trends persist, PI could test resistance at $0.79, with possible upside targets at $1.23 and even $1.79. Alternatively, if sentiment shifts, the token might decline to $0.636 or even $0.55. All eyes are now focused on the May 14 announcement and its ability to sustain this fragile rally.
MOVE stands out as one of the few prominent Made in USA coins experiencing losses for the week, decreasing by 9.8% despite a 10.4% recovery in the last 24 hours. The overall downward trend follows a series of controversies that have shaken investor confidence. The sell-off initiated when Binance prohibited a market maker from dumping 66 million MOVE tokens, causing a sharp price decline. Subsequently, Movement Labs dismissed—and later terminated—co-founder Rushi Manche, rebranded as Move Industries, and initiated a third-party investigation into token manipulation and governance failures.
As the situation stabilizes under new leadership, the project aims to rebuild trust. If sentiment improves and confidence is restored, MOVE might attempt to reach resistance at $0.209, with potential upside to $0.254 if momentum persists. However, lingering doubts or additional damaging disclosures could see MOVE fall below $0.149 and potentially dip under $0.14 for the first time, making it one of the most intriguing Made in USA coins during the third week of May.
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