Wormhole Price Prediction: W Drops 4% As Certik Prevents A $5M Exploit And Traders Flock To This AR/VR Crypto Presale For 100X Potential

The
Wormhole
price


dropped

over
4%
in
the
last
24
hours
to
trade
at
$0.5242
as
of
12:35
a.m.
EST
as
investors
offload
their
holdings
of
the
altcoin
on
the
market.

The
W
price
drop
could
have
been
a
lot
worse
if
a
hacker
had
exploited
a
possible
$5
million
security
flaw
that
was
present
in
the
Wormhole
bridge
code
on
Aptos.
However,
Certik
was
able
to
identify
and
report
the
bug
to
the
project’s
team
before
anyone
could
take
advantage
of
it.

????
CertiK’s
security
research
team
detected
a
critical
bug
in

@wormhole,
a
leading
open
source
bridge
for
multichain
applications.

Discover
how
an
incorrect
application
of
the
public(friend)
and
entry
modifiers
exposed
the
blockchain
to
potential
multimillion-dollar
exploits
by…

pic.twitter.com/fOKgT6RaTC

—
CertiK
(@CertiK)

May
13,
2024

The
security
flaw
“arose
from
an
incorrect
implementation
of
the
‘public(friend)’
and
‘entry’
modifiers
in
the
MOVE
programming
language,”
Certik
said
in
a
video.

The
Wormhole
Price
At
Risk
Of
Losing
Another
Support

4-hour
chart
for
W/USDT
(Source:


TradingView)

The


Wormhole

crypto
price
has
been
trading
in
a
descending
channel
for
the
last
couple
of
days.
As
a
result
of
this
bearish
move,
W
is
now
testing
the
$0.5271
support
level.

A
4-hour
candle
close
below
this
crucial
mark
within
the
next
12
hours
could
put
the
crypto
at
risk
of
continuing
its
downward
move.
Traders
might
then
force
the
Wormhole
price
down
to
the
subsequent
support
at
$0.4504
in
the
following
48
hours.

On
the
other
hand,
a
break
above
the
upper
boundary
of
the
negative
price
channel
could
invalidate
this
bearish
thesis.
In
this
alternative
scenario,
bulls
might
step
in
to
push
W
up
to
the
$0.6836
resistance
level.

Continued
buying
pressure
should
the
Wormhole
price
reach
$0.6836
could
result
in
it
flipping
the
technical
barrier
into
support.
This
will
then
give
W
a
good
foundation
to
rise
from
in
the
following
couple
of
days.
If
traders
identify
this
potential
flip
of
resistance
as
a
long
entry,
the
crypto
might
rise
to
as
high
as
$0.8129.

Bears
Likely
To
Keep
Pulling
The
Wormhole
Price
Down

Technical
indicators
on
W’s
4-hour
chart
show
that
the
Wormhole
price
is
in
a
vulnerable
position
and
is
at
risk
of
dropping
further
in
the
next
24
hours.
The
Relative
Strength
Index
(RSI)
and
the
Moving
Average
Convergence
Divergence
(MACD)
show
that
momentum
and
strength
are
in
favor
of
bears.

This
is
after
the
MACD
line
crossed
below
the
MACD
Signal
line
in
the
last
24
hours
to
trigger
a
major
bearish
technical
flag.Traders
normally
see
this
technical
occurrence
as
a
sign
that
a
crypto
has
entered
into
a
negative
trend.

Meanwhile,
the
RSI
is
positioned
below
its
Simple
Moving
Average
(SMA)
on
the
4-hour
chart,
signaling
that
sellers
have
the
upper
hand
against
buyers.
Since
the
RSI
is
breaking
away
below
the
SMA,
it
seems
that
bears
are
also
growing
more
dominant.

In
addition
to
the
growing
gap
between
the
RSI
and
SMA,
W”s
MACD
is
dropping
below
the
MACD
Signal
line
as
well.
This
suggests
that
not
only
are
Wormhole
sellers
growing
stronger,
the
negative
trend
that
W
finds
itself
in
is
also
intensifying.

With
the


Wormhole

price
at
the
mercy
of
sellers,
some
investors
might
like
to
consider


5thScape

(5SCAPE).

Virtual
Reality
Meets
Tokenization

5thScape
is
the
world’s
first
AR/VR
crypto
that
is
built
on
the
belief
that
tokenization
will
play
a
major
part
in
the
future
of
virtual
reality
technology.
At
the
core
of
this
cutting-edge
project
is
the
5SCAPE
crypto
token.

Not
only
will
holders
be
able
to
enjoy
a
seamless
transactional
experience
in
the
virtual
realm,
5SCAPE
will
also
serve
as
the
key
to
unlocking
premium
content
within
the
5thScape
ecosystem.

With
5SCAPE,
step
into
a
world
where
the
only
limit
is
your
imagination.
Here’s
what
awaits
you:

Lifetime
Free
Access
????:
Say
goodbye
to
subscriptions!
Enjoy
a
never-ending
library
of
curated
VR
content
that
evolves
with
your
tastes.

Exclusive
In-Game
Advantages
????:
With…

pic.twitter.com/AiPTd6NWer

—
5th
Scape
(@5th_scape)

May
9,
2024

What’s
more,
5SCAPE
will
serve
as
a
utility
token,
which
holders
can
utilize
to
earn
passive
rewards
through
5thScape’s
dynamic
staking
pool.

Partly
funded
by
player
subscriptions
and
premium
content
purchases,
the
staking
pool’s
yields
will
grow
as
more
people
join
the
5thScape
platform.
This
means
that
investors
who
have
locked
their
tokens
in
stand
to
earn
greater
rewards.

A
Potential
100X
Opportunity?

Given
its
pioneering
combination
of
tokenization
and
virtual
reality
technologies,
5SCAPE
is
perfectly
positioned
to
grow
as
these
two
emerging
fields
take
off. 

This
is
one
reason
why
an
analyst
from
the
Crypto
News
YouTube
channel
recently
named
5SCAPE
as
among
newly-launched
cryptos
with
100X
potential.

Investors
have
already
caught
on
to
5thScape’s
potential,
which
is
evident
by
the
success
of
its
presale.
With
more
than
$5.8
million
raised
so
far,
many
are
still
rushing
to
buy
the
altcoin
at
this
early
stage.

Selling
for
$0.00327,
5SCAPE
can
be
bought
on
its
official
website
using
either
ETH,
MATIC,
BNB,
USDT
or
bank
card.

Purchase
5SCAPE
here
for
potential
parabolic
gains. 

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