🚀 Worldcoin is rising by 44% after news about a treasury of $270 million.
On September 8, the Worldcoin (WLD) token, supported by OpenAI co-founder Sam Altman, surged by 44% and broke key levels, rising above $1.50.
🔑 Key reasons for the rise:
Treasury of $270 million — Eightco Holdings launches the first WLD treasury.
Institutional support — Tom Lee's BitMine invested $20 million, and WLD plans to be integrated into an ETF.
Regulatory factor — The US Federal Reserve's decision on August 15, 2025, to reduce oversight over cryptocurrencies eased market risks.
Ecosystem growth — World ID already has 16 million users in 45 countries, driving demand for the token.
📊 Technical picture:
WLD broke through the 20, 50, 100, and 200-day SMAs and the 127% Fibonacci level.
Reached a three-month high above $1.50.
RSI = 77.32 → market is in the overbought zone, a short-term correction is possible.
Levels for profit-taking: $1.60 – $1.65.
📌 Conclusion: Worldcoin received a strong boost thanks to institutional investments and a technical breakthrough. Despite a possible correction, long-term drivers remain strong.
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