The post Worldcoin Price Rally: WLD Jumps 100% After Treasury Backed by Tom Lee appeared first on Coinpedia Fintech News
Worldcoin (WLD) surged more than 50% in the past 24 hours and 100% in the last week, lifting its price to $1.82 and putting the $2 threshold within reach. The latest jump follows institutional interest and a treasury announcement that has shifted attention back to the project.
Treasury Support Signals Commitment
On September 8, Eightco (NASDAQ: OCTO) announced plans for a $250 million Worldcoin treasury. The initiative will be backed by a $20 million investment from Bitmine and analyst Tom Lee. Eightco also named Wall Street analyst Dan Ives as chairman of its board, a move that drew sharp market reaction. The company’s stock soared more than 5,600% on the day of the announcement.
The treasury plan shows growing interest in positioning Worldcoin as a tool for corporate finance and identity verification. The commitment also gives the token a degree of institutional backing that has been absent in recent months.
Technical Levels in Focus
WLD has broken above $1.28, a level that combines horizontal resistance with a long-term trendline. Clearing that barrier triggered buying and lifted prices toward $1.85. The next area of resistance sits between $2.00 and $2.29. On the downside, support stands at $1.70 and $1.38.
Momentum remains strong. The relative strength index is above 90, signaling stretched conditions, while the MACD histogram confirms upside pressure. Whether the rally holds depends on how the market responds to these levels in the coming sessions.
Worldcoin’s market capitalization now stands at $3.7 billion, with trading volume of $3.2 billion in the past day. The token is still down more than 80% from its March 2024 high of $11.82, but the latest rally shows that interest has not disappeared. If WLD can close above $2, sentiment may turn more more bullish heading into the final quarter of 2025.
Source: https://coinpedia.org/news/worldcoin-price-rally-wld-jumps-100-after-treasury-backed-by-tom-lee/