Worldcoin Price Rally Continues Despite Whale Dumping, WLD Surges 121% in a Week

Worldcoin's native cryptocurrency, WLD, has surged 121% in the past week, with daily trading volumes increasing by 300%. Despite a 3AC wallet offloading 2.25 million WLD tokens, valued at $2.88 million, the price rally continues strong. Eightco Holdings' announcement of a $250 million fundraise and a WLD treasury strategy has also contributed to the surge.

Worldcoin's (WLD) native cryptocurrency has experienced a remarkable surge, with a 121% increase in the past week. This significant price movement is driven by various factors, including strong market sentiment and strategic announcements from Eightco Holdings Inc. [^NUMBER:1].

The price rally began after Eightco Holdings Inc. announced a $250 million private placement to execute the world’s first Worldcoin (WLD) treasury strategy. The company sold 171.2 million shares at $1.46 per share, with an additional 13.7 million shares issued to BitMine, the largest Ethereum treasury company. This strategic move has positioned Worldcoin as the primary reserve asset in Eightco's treasury [^NUMBER:1].

Despite a 3AC liquidation wallet offloading 2.25 million WLD tokens valued at $2.88 million, the price rally continued to gain momentum. Worldcoin's price surged past $2, with daily trading volumes increasing by 300%. The WLD perpetual futures open interest also surged by 54% to more than $905 million, indicating strong bullish sentiment among traders [^NUMBER:2].

Market analysts believe that Worldcoin's price could rally all the way to $4.00, given the decisive breakout past $1.60 and the ongoing whale activity. The recent strategic investment from BitMine has further fueled the price rally, with Eightco Holdings' share price surging by 3000% and BitMine seeing a massive 30x gain on its $20 million investment [^NUMBER:3].

Worldcoin's price movement reflects the growing interest in the cryptocurrency market and the potential of innovative treasury strategies. Investors and financial professionals will be closely monitoring this development and its potential long-term impact on the Ethereum (ETH) ecosystem and the broader crypto market.