Worldcoin Surges 14.5% Despite Legal Setbacks, BTC Boosts Market Sentiment Pi Network Rebounds 30% Amid Ecosystem Announcement Hopes, Binance Listing Speculation Movement Drops 9.8% Weekly Despite 10.4% 24-Hour Rebound, Controversies Persist

Generated by AI AgentCoin World
Friday, May 9, 2025 2:33 pm ET2min read

Worldcoin (WLD) has surged by 14.5% in the last 24 hours, demonstrating resilience after a tumultuous week marked by legal setbacks and regulatory scrutiny. Despite facing court rulings in Kenya, where a judge ordered the deletion of all biometric data collected from users due to privacy violations, and a suspension in Indonesia over data violations,

has rebounded sharply. This recovery is attributed to the recent reclaimed value of BTC, which has provided a boost to the overall market sentiment.

Worldcoin continues to push forward with its expansion plans, having recently launched in six major U.S. cities. The project has also partnered with

for a crypto payment card and integrated USDC via Circle to support fast cross-chain transfers. Speculation about a possible integration with an upcoming OpenAI social media platform, combined with its recent listing on , has further fueled investor interest. On the technical front, WLD’s EMA lines have turned bullish, suggesting a potential rise toward $1.259 or even breaking above $1.30 for the first time since February 4. However, if the rally loses strength, WLD could fall back to $1.06 or even $1.00 if selling pressure increases.

Pi Network (PI) is attempting a strong rebound after a brutal correction that saw the token drop 67% between March 12 and May 7. Over the past two days alone, PI has jumped 30%, sparking optimism among investors. This renewed momentum coincides with a surge in Pi Network’s visibility, ranking 6th among Finland’s most downloaded social apps, and an anticipated ecosystem announcement scheduled for May 14. Speculation is also mounting over a potential Binance listing, fueled by suspicious wallet activity on Stellar and signs of infrastructure readiness for major exchange integration.

Despite these positive developments, headwinds remain for Pi Network. Over 668 million PI tokens are set to unlock between May and July, threatening to overwhelm current market liquidity, which has dropped sharply. Daily volume plunged from $1.3 billion to just $45 million in the last months. Despite this, Pi’s EMA lines suggest a golden cross could soon form. If bullish momentum continues, PI could test resistance at $0.79, with potential upside to $1.23 and even $1.79. However, if sentiment turns, the token may fall back to $0.636 or even $0.55. All eyes now turn to the May 14 announcement and whether it can sustain this fragile rally.

Movement (MOVE) is one of the few major Made in USA coins still down on the week, dropping 9.8% despite rebounding 10.4% in the last 24 hours. The broader downtrend follows a series of controversies that have rattled investor confidence. The sell-off began after a market maker was banned for dumping 66 million MOVE tokens, triggering a sharp price drop. Soon after, Movement Labs suspended—and later terminated—co-founder Rushi Manche, rebranding as Move Industries and launching a third-party investigation into token manipulation and governance failures.

As the dust settles, the project is trying to rebuild trust under new leadership. If sentiment improves and confidence is restored, MOVE could climb to test resistance at $0.209, with potential upside to $0.254 if momentum holds. However, if doubts persist or more damaging revelations emerge, MOVE could fall below $0.149 and even slip under $0.14 for the first time, making it one of the most interesting Made in USA coins for May’s third week.

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