Worldcoin Surges 30% as AI Sector Momentum Drives $200M Market Cap Gain

Worldcoin [WLD] has experienced a significant surge, with its market capitalization increasing by $200 million, driven by both macro and micro factors. The altcoin has seen a 30% gain over the past week, capitalizing on the momentum in the AI sector following recent tariff exemptions on semiconductors and key tech imports from China. This surge has positioned WLD near a $945 million market cap, indicating a strong inflow of capital.

Worldcoin, developed by the AI visionaries behind ChatGPT, has benefited from the broader AI narrative. With a circulating supply of 1.25 billion tokens, reclaiming the $0.80 level would elevate WLD into mid-cap territory. Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest continued bullish momentum, with RSI pointing north and MACD close to flipping bullish.

Exchange outflows reached a four-day peak on April 11, with 2.78 million WLD tokens absorbed. This coincided with macro developments, including the halting of tariffs on China-based electronics. Short liquidation data on April 12 showed approximately 206k short positions being wiped out, indicating that bears were caught offside as bulls defended key levels. The recent price drop to $0.64 triggered a sharp rebound in Net Unrealized Profit/Loss (NUPL), suggesting an early-stage shift toward optimism, which is often a precursor to FOMO-driven upside.

From a structural perspective, WLD is showing both technical and behavioral conviction. Macro catalysts, smart money rotation, and rising momentum collectively signal that this rally may be more than just a reflexive bounce. A rebound in NUPL often marks the onset of sell-side exhaustion, where weak hands are flushed out, paving the way for early accumulation. Current on-chain trends, particularly smart money absorption, suggest that this foundational stage could be underway.

However, for true FOMO to ignite, WLD needs to reclaim the psychological $1 level. Previous entries into the FOMO/Hope zone on the NUPL metric have consistently aligned with price action breaching the $1 threshold. Until WLD clears this barrier, the likelihood of liquidations remains elevated, making the current dip a higher-risk zone for new entries. NUPL becomes a pivotal indicator for monitoring potential bullish continuation, and a decisive shift in this metric could signal further growth.