Worldcoin’s WLD token surged to a three-month high this week after securing a major investment. On May 21, the project announced a $135 million capital injection from top venture firms, including a16z and Bain Capital Crypto.
The announcement sparked strong buying activity. WLD climbed to $1.64 on Thursday before slightly dipping to $1.53 at press time. That’s still a 25% jump in just 24 hours, making it one of the top-performing tokens of the day.
The renewed interest comes with growing market optimism. Analysts point to signs of strong bullish momentum. Technical indicators like the Awesome Oscillator have turned positive, flashing green for a second day. This suggests WLD could keep climbing if demand holds.
Daily trading volume has also skyrocketed. It’s up 159% and now stands above $1 billion. That rise in both price and volume signals that the rally may be driven by real interest, not just short-term hype.
WLD has also broken past a key resistance level at $1.42, which now acts as support. If this level holds, the token might aim for the next milestone at $1.95 — a level last seen in late January.
Still, some risks remain. If traders start taking profits, WLD could slide back. A drop below $1.42 might send the token down toward $1.18.
For now, though, the outlook is positive, with strong backing and growing momentum on WLD’s side.
