The market is heating up by the hour as the WLD token (Worldcoin) unexpectedly surged over 24% in the past 24 hours, reaching $1.13 at the time of writing. Behind this strong surge are not only impressive green candles but also great expectations for an upcoming event.
At 08:00 AM on May 1st (Vietnam time), the event named 'At Last' will officially take place in San Francisco, where the two central figures of the project – Sam Altman and Alex Blania – will appear in person to announce important updates related to Worldcoin, World ID, and World App.
With a series of rumors being spread in the community, many investors believe that this event will mark a major turning point for the Worldcoin ecosystem – from practical applications to groundbreaking technology updates.
However, the crypto market is never short of duality. The current strong rise of WLD is reflecting expectations, but it also carries risks if the news does not meet expectations. History shows that 'sell the news' events often lead to price crashes if expectations are not met.
The technical chart in the 1-month frame shows that WLD once peaked near $12 before falling sharply and entering a prolonged accumulation zone. This current surge is pushing the price past the nearest resistance level, but it also comes with a spike in trading volume – a sign that speculative money has entered strongly.
Note for investors:
If you are holding WLD, consider taking profit at each target level.
If you are experiencing 'FOMO', be cautious – as the shock after the event may make you the last one holding the bag.
The event 'At Last' could be a historic milestone for Worldcoin – or just a short-term wave. Regardless, the market will be the place to test all expectations.