Worldcoin price staged a 29% price surge today as whales showed renewed interest in the token. Will the rally continue or lose steam ahead?
Summary
- Worldcoin price is up nearly 40% over the past 7 days.
- Whales have been accumulating WLD following its recent APMC initiative.
- Multiple bullish patterns point to more upside for WLD price over the coming days.
According to data from crypto.news, Worldcoin (WLD) price rose to an intraday high of $1.30 last check Monday, Aug. 8, before settling a little lower at $1.28 at press time. At this price, it stands nearly 39% over the past week and over 110% higher than its April low.
WLD token’s rally came as its daily trading volume tripled over the previous day, with roughly $934 million exchanged between trades, indicating strong demand for the token among investors.
Its market cap has also increased to $2.48 billion, flipping major industry players like Kaspa (KAS) and Cosmos Hub (ATOM) as it now ranks as the 62nd largest crypto asset.
WLD crypto rallied as whales showed renewed interest in the token today. Per data from Santiment, the total balances held by whale wallets increased from 6.94 million to 7.25 million tokens over the past 24 hours. Such whale accumulation often triggers follow-up retail interest, a factor that could lead to further gains for WLD.
This surge in demand from whales likely follows Worldcoin’s announcement of its recent Anonymized Multi-Party Computation (APMC) initiative, a major step toward strengthening its quantum-secure, privacy-preserving biometric verification system.
The initiative is be
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Author: Rony Roy
