Well, well, well, look who’s making a comeback-Worldcoin (WLD)! A splendid 50% surge in the last 24 hours and a rather cheeky 100% spike over the last week, lifting its price to a suave $1.82. And yes, the $2 mark is now just a mere hop, skip, and a jump away. One must say, it seems like all it took was a bit of institutional interest and a treasury announcement to bring this crypto back from the dead. What a revelation!
Treasury Support Signals Commitment
Hold your monocles, darling, because on September 8th, Eightco (NASDAQ: OCTO) unveiled plans for a rather generous $250 million Worldcoin treasury. Backed by none other than Bitmine’s $20 million investment and Tom Lee, the man himself, this announcement has certainly shaken things up. And, for good measure, Eightco also made Wall Street analyst Dan Ives their new chairman, because why not add a dash of Wall Street glamour to the mix? Naturally, Eightco’s stock rocketed a rather dramatic 5,600% on the day of the announcement. Oh, how we love a good surprise!
So, what does this treasury plan mean, you ask? Well, darling, it’s a signal that Worldcoin is positioning itself as more than just a silly little token. It’s aiming to be a tool for corporate finance and identity verification-quite a leap for a coin that was once the butt of crypto jokes. This gives it a hint of institutional backing, which is something it’s been sorely lacking in recent months. Let’s hope it’s not just a flash in the pan, shall we?
Technical Levels in Focus
Now, let’s get a bit technical, shall we? WLD has gallantly broken through the $1.28 mark, which was a rather stubborn resistance level. This charming move has triggered buying and sent prices cruising to $1.85. But, don’t get too excited, darling-the next resistance level sits somewhere between $2.00 and $2.29. It’s a bit of a tightrope walk, really. On the flip side, support levels are at $1.70 and $1.38. So, keep your eyes peeled, you never know where this wild ride will take us.
$WLD
Ah, WLD rises, and so do AI-related stocks. All thanks to the rather bold treasury strategy announced by Eightco (NASDAQ: $OCTO). In simpler terms, Eightco Holdings has managed to raise funds and, with those funds, is now making Worldcoin…
– Ultimae (@Ultimae_Crypto) September 9, 2025
The momentum, darling, is positively robust! The relative strength index is sitting pretty above 90, signaling that we’re reaching a rather stretched condition. Meanwhile, the MACD histogram is flashing confirmation of an upward trend. But, let’s not get carried away just yet. Whether this rally will hold is all about how the market plays it in the next few sessions. Fingers crossed, my dear.
Worldcoin’s market cap now stands at a rather grand $3.7 billion, with $3.2 billion in trading volume over the past 24 hours. Yes, it’s still more than 80% down from its high of $11.82 back in March 2024. But don’t you dare write it off just yet. If WLD can manage to close above $2, who knows? It might just inspire a bit more bullish sentiment heading into the final quarter of 2025. Curiouser and curiouser, isn’t it?
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2025-09-09 07:38