Worldcoin (WLD) has been experiencing remarkable growth recently, with an impressive price rise of
25% to
42% in a single day. The crypto token's value has been driven by a
$250 million private placement from Eightco Holdings Inc. (OCTO), a firm listed on the Nasdaq, which included a strategic investment worth $20 million from BitMine (BMNR), marking what is being described as the world's first Worldcoin treasury strategy. Tech entrepreneur
Dan Ives is set to chair the company buying out the Sam Altman-backed Worldcoin.
Worldcoin's current market cap is nearing
$4 billion, thanks to a $300 billion deal sealed by Sam Altman's OpenAI with Oracle. Increased investor interest is also occurring in the context of major crypto developments elsewhere, including massive stock surges related to WLD's Treasury strategy, a major influx of value into the crypto treasury of BitMine, and various funds being moved by big-name entities.
Worldcoin's value may see future enhancements through factors such as listings on exchanges such as Upbit and a forecasted price bounce. However, there is also some indication that
Worldcoin’s value could see a pullback before another potential uptrend. In the midst of these trends, billionaire investors have criticized World Liberty Financial firm's involvement in crypto while Trump-linked World Liberty Financial has blacklisted Justin Sun's address, which holds $107M WLFI. This is interspersed with major movements in other digital currencies, including DOGE, HYPE, and ENA.There is robust debate about
Worldcoin’s value, with some crypto experts predicting it will hit $5 in 2025, despite controversies surrounding its eye-scanning technologies. Meanwhile, Worldcoin has announced its intention to expand to the UK while other well-known industry figures, such as Ethereum founder Vitalik Buterin, have expressed caution regarding Worldcoin’s operations.
Worldcoin’s volume was driven up by 5% following the shared updates from Sam Altman about OpenAI GPT, with World Liberty Financial announcing a $1.5-billion digital coin deal.In the longer term,
Worldcoin price analysis suggests that it may be poised for further upside, with the possibility of breaking above the $1.20 level amid consolidation and several bullish technical signals. However, like any investment, Worldcoin brings a level of risk, especially considering the unstable nature of the cryptocurrency market.
WLD Coin News Analytics from Tue, 12 Nov 2024 08:00:00 GMT to Wed, 10 Sep 2025 22:41:22 GMT -
Rating 9
- Innovation 7
- Information 8
- Rumor 3