On September 9, Worldcoin (WLD) price skyrocketed by more than 50%, following the project's recent achievements.
Worldcoin (WLD) is a platform that promises to build "the real human network", providing universal proof of human, finance, and connection for everyone.
The platform is working to build a world in which every human benefits from the age of AI.
WLD Price Up by Over 50%
At the moment of writing this article, WLD is trading at $1.9 with a market cap of over $3.85 billion, after reaching a top above $2 earlier today.
WLD is up by more than 50% in the past 24 hours, and its 24-hour volume surpassed $3.6 billion, seeing a surge of more than 272%.
WLD's ascendant trajectory is fueled by various latest developments, including a new partnership with a University and institutional interest.
Price Surge Triggers for WLD
First of all, the University of Engineering and Technology in Peru teamed up with the Worldcoin project, enhancing its reach and decentralization.
The second price trigger for WLD is an announcement from Eightco Holdings (OCTO), which revealed a $250 million private placement with an additional $20 million strategic investment from BitMine (BMNR) to debut World's First Worldcoin (WLD) Treasury Strategy.
The official notes in the announcement dated September 8 state that WLD captures a zero-knowledge proof of a person's humanity, which is a critical asset in an increasingly AI-driven world. The team at Worldcoin recently highlighted that the proof of human technology offers confidence that people are speaking to a real person,
explaining the importance of combating deepfakes.
Traders Take Profits Amidst WLD's Price Surge
Meanwhile, amidst the price rally of WLD, some traders are taking advantage of the coin's price surge and reaping profits.
According to a recent post on X by Lookonchain, Teneo 3AC Liquidation Wallet has sold 2.25 million WLD coins worth over $2.8 million at the time of the post to take profits. The wallet sold this amount in two transactions using more exchanges, including Binance, OKX, and Bybit.
The wallet received 75 million WLD coins two years ago, according to data provided by Lookonchain, which is currently worth over $142 million at today's prices.