🌕 Gate Square · Mid-Autumn Creator Incentive Program is Live!
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
💡 Post Ideas:
1️⃣ How do you see AI tokens evolving?
2️⃣ Wh
Why Worldcoin (WLD) Soared 130%: Three Key Drivers Behind the Rally
Worldcoin (WLD) is in the spotlight this week. In just seven days, its value has doubled, adding nearly 50% in the past 24 hours alone. According to CoinMarketCap, WLD’s market cap has surged to $3.66 billion, making it the 33rd largest cryptocurrency. So, what’s driving this explosive rally? The answer lies in three main factors: institutional support, a technical breakout, and rapidly growing adoption.
Institutional Momentum: $250 Million Treasury Plan A major turning point came on September 8, when Eightco Holdings announced a $250 million private placement of shares, aimed at launching the first Worldcoin treasury fund. The deal included a $20 million investment from BitMine, along with the appointment of well-known analyst Dan Ives as chairman of Eightco. This treasury strategy is designed to lock up tokens, reduce circulating supply, and support higher prices. It also signals that Worldcoin is drawing the attention of institutions, which see it as a foundation for AI-driven digital identity solutions.
Technical Breakout Ignites Trading Momentum On the charts, WLD staged a strong breakout after surpassing key resistance at $1.77, triggering a wave of momentum trading. RSI hit 90.46, signaling overbought conditionsMACD confirmed a bullish market trend The result: short-term traders piled in, while the risk of correction now hinges on whether prices fall back below critical support. For the moment, the bulls remain firmly in control. At press time, WLD trades around $2.02.
Rapid Adoption and Real-World Utility Beyond price action, Worldcoin continues to expand its network reach. According to Eightco Holdings, the AI-driven project already boasts millions of Proof-of-Human verified accounts across more than 45 countries. Partnerships with major names like Match Group (Tinder) and Razer underscore that Worldcoin isn’t just hype – it is building tangible real-world utility. These collaborations add credibility to the project. That said, regulatory risks remain. In China, the project has faced pushback over concerns surrounding the use of biometric data, which could complicate its global expansion.
Conclusion: Bullish Trend With Big Questions Ahead Worldcoin’s 130% rally is the product of three powerful forces – institutional backing, technical breakout, and accelerating adoption. The sustainability of this surge now depends on how effectively the treasury plan is implemented and how regulators respond to the project’s ambitious vision of AI-powered identity. For now, however, the Worldcoin community is enjoying a moment where this ambitious token once again takes center stage in the crypto market.
#Worldcoin , #WLD , #CryptoMarket , #Aİ , #defi
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“