WLD Soars 30% as Hayes Sees Bull Market Ahead
Worldcoin's token, WLD, has surged more than 30% over the past 24 hours to reach its highest level since January. The rally was sparked by Arthur Hayes' call for a bull market in Worldcoin and his price target of $10 on the WLD token.
The token's price increase comes ahead of the highly anticipated initial public offering (IPO) of OpenAI, another project led by Sam Altman. While some retail traders on Stocktwits are optimistic about the future of WLD, others expressed frustration that the rally did not lead to a bigger gain in shares of Eightco Holdings, which holds over 238 million WLD tokens.
The current price of $0.53 represents a significant increase from WLD's record low of $0.23, reached just last month. However, it remains more than 95% below its all-time high of $11.74, set in March 2024.