WLD (Worldcoin) rose 48.37% in 24 hours.

Gate News Bot news, on September 9, according to CoinMarketCap data, WLD (Worldcoin) is currently reported at $1.74, having pumped 48.37% in the last 24 hours, reaching a high of $1.85 and a low of $0.85. The current market capitalization is approximately $3.516 billion, an increase of $1.146 billion compared to yesterday, ranking 34th in the global Crypto Assets market capitalization.

Worldcoin is a network aimed at providing human identification, finance, and connection for everyone. Its goal is to ensure that everyone can benefit in the age of artificial intelligence. World ID can distinguish between humans and AI online, providing universally inclusive financial services and connecting with other real humans. The project is free to join and is designed to be jointly owned by everyone.

Important news about WLD recently:

1️⃣ Institutional investors' holding signals are significant Amber Group withdrew 4.68 million WLD from mainstream exchanges on September 9, worth approximately 4.92 million USD. This marks the institution's large-scale increase in WLD holdings after a three-month hiatus. Currently, WLD has become the third-largest asset in Amber Group's public address holdings, only behind UNI and USDT. The continued optimism from institutional investors may become one of the important factors driving the rise in WLD prices.

2️⃣ New Treasury Strategy Attracts Market Attention Eightco Holdings announced on September 8 that it has completed a $250 million private placement financing and secured a $20 million strategic investment from BitMine to launch the world's first Worldcoin (WLD) treasury strategy. This large-scale financing plan indicates an optimistic outlook in the market for the long-term development prospects of the WLD ecosystem, which may attract more investors' attention to WLD.

3️⃣ Speculative sentiment heating up causes short-term fluctuations There have been some high-risk speculative behaviors in the market, such as a famous investor holding a 10x leveraged long position in WLD worth $16 million. At the same time, there are large investors continuously increasing their short positions in WLD. This confrontation between long and short forces may lead to significant fluctuations in the price of WLD in the short term.

From a technical perspective, WLD continues to show a strong rise after breaking through previous highs, but with significant volatility. Investors should closely monitor important support and resistance levels to assess potential pullback risks.

This message is not to be taken as investment advice; investors should be aware of market volatility risks.