Worldcoin (WLD) Price Skyrockets 130%: Reason Behind It

The Worldcoin (WLD) price has seen a sharp surge in the last 48 hours, printing two large green daily candlesticks in the process. From Sept. 7, Worldcoin has risen from a low of $0.95 to an intraday high of $2.21, a 132% increase.

The latest surge builds on a rebound from a low of $0.866 on Sept. 5, with Worldcoin set to mark its fifth straight day of gains, including today.

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Worldcoin’s rise accelerated on Sept. 8 after public firm Eightco announced plans to purchase $250 million worth of Worldcoin, transforming it into a Worldcoin treasury, with the share sale set to be completed this Thursday.

Community analyst at on-chain platform CryptoQuant Maartunn highlighted Worldcoin’s price surge in a recent tweet, noting that its open interest has surged to $625 million as a result.

Worldcoin scores Upbit listing 

At press time, Worldcoin was up 66.43% in the last 24 hours to $2.06. Its trading volume has surged in this time frame to $4.27 billion, representing a 246% increase.

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Worldcoin’s price surge in the last 24 hours also coincides with a listing on major Korean exchange Upbit.  

Upbit will list WLD/KRW, WLD/USDT and WLD/BTC trading pairs on Sept. 9 at 9:30 p.m. KST.

WLD created its first 2025 golden cross signal, formed when the short-term moving average crossed above the long term MA in mid-August.

The price declined to briefly consolidate before breaking out. The recent surge has surpassed the daily moving averages 50 and 200 at $1.038 and $0.999, respectively, which had confined Worldcoin’s price since December 2024.

Going forward, Worldcoin will be watched to see if it can sustain its rise above the moving averages to target $3 next.