Rally

World

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Worldcoin

In a gust of advancements witnessed recently, Sam Altman’s iris biometric cryptocurrency project, Worldcoin, marked a cyclone of breakthroughs across the crypto landscape as its community spotlighted key achievements orbiting the project’s burgeoning popularity. Following a remarkable performance within the broader crypto market in recent days, WLD, the native token of the Worldcoin project, broke an ascending parallel channel on its daily chart today, amassing noteworthy attention across the cryptocurrency realm. 3AC co-founder, in the interim, spotlighted 3 Arrow Capital’s colossal WLD holdings, showcasing the investment firm’s massive influence on WLD market dynamics. 
The WLD price neared the $8 mark as of press time, coinciding with the analyst’s and 3Ac co-founder’s bullish stance. The derivatives data for the AI-project token further mirrored an uptrend in the market, hinting toward bolstered investor confidence. 
<h2 id="a-closer-look-into-the-report">A Closer Look Into The Report</h2> 
As spotlighted by Ali Martinez, a leading crypto market analyst, the token could potentially gear up for a run to $15, extending its run to even $26. Meanwhile, 3 Arrows Capital co-founder Su Zhu drew attention to Worldcoin’s remarkable surge ever since the project’s inception into the market, taking a bullish stance on the project’s token. 
3 AC’s co-founder’s remarks weigh in on the token’s recent bull run. In the co-founder’s statement shared on X today, Su Zhu faced backlash for investing in the project in 2021. However, conveying optimism with the recent rally, 3AC creditors now have one of the world’s most prominent WLD positions that aid the organization significantly, as per Su Zhu’s statement. 
A recent post shared by analyst Ali Martinez on X showcased Worldcoin’s breaking out of an ascending parallel channel on its daily chart. The analyst proclaims the token’s movement to be potentially paving the way to $15 that could even extend to $26. This comes from numerous factors propelling <a href="https://coingape.com/key-reasons-why-worldcoin-wld-price-soared-190/" target="_blank" rel="noopener">WLD’s surge</a> in the market. The recent whale accumulation that pushed the price up by almost 25%, accompanied by the scaling of new heights by the project’s wallet World App, additionally aids this upward momentum. 
<a href="https://coingape.com/wp-content/uploads/2024/02/Ali-charts.png"><img decoding="async" class="aligncenter wp-image-181251" src="https://coingape.com/wp-content/uploads/2024/02/Ali-charts.png" alt="Ali charts WLD" width="551" height="395" srcset="https://coingape.com/wp-content/uploads/2024/02/Ali-charts.png 702w, https://coingape.com/wp-content/uploads/2024/02/Ali-charts-300x215.png 300w, https://coingape.com/wp-content/uploads/2024/02/Ali-charts-150x107.png 150w" sizes="(max-width: 551px) 100vw, 551px"></a> 
In the interim, the WLD price mirrored the analyst’s and 3AC co-founder’s remarks, portraying a bull run in the market. 
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<h2 id="worldcoin-price-rockets">Worldcoin Price Rockets</h2> 
As of writing, the <a href="https://coingape.com/price/worldcoin/" target="_blank" rel="noopener">Worldcoin price</a> noted an uptick of 44.83% over the past 24 hours and is currently trading at $7.68. The price surge aligned with the burgeoning adoption of the project, as World App users surpassed the $1 million mark recently. Moreover, the bullish sentiment in the market further aids this momentum. 
Derivatives data offered by Coinglass also signaled an uptrend in the market, with an open interest increase of 57.51% and a volume surge of 141.88%. 
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The post <a href="https://coingape.com/3ac-creditors-have-largest-worldcoin-positions-wld-price-can-rally-to-26/">3AC Creditors Have Largest Worldcoin Positions, WLD Price Can Rally to $26</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

3AC Creditors Have Largest Worldcoin Positions, WLD Price Can Rally to $26

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