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WorldCoin Price Soars 61% On Eightco Plan To Build WLD Treasury With Funding Involving Peter Thiel-Backed BitMine
['Charles Kibue', 'Updated']
InsideBitcoins.com
WorldCoin Price Flashes Overbought as Bulls Extend RunTechnical analysis of the WLDUSDT chart shows just how wild the recent rally has been.
On the daily timeframe, WorldCoin price leapt from an open of $1.57 to hit highs around $2.05 before settling near $1.91.
The coin price now sits far above both the 50-day simple moving average ($1.03) and the longer-term 200-day SMA ($0.99).
WorldCoin Price: Onchain Data Shows FrenzyLooking at on-chain statistics, the WorldCoin price jump is supported by key metrics.
Longer term, the presence of new, well-funded backers for the WorldCoin treasury could mean a more stable support base and fewer wild sell-offs in the future.
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