According to Bijié Wǎng, Worldcoin's WLD token surged nearly 4% driven by a major institutional purchase, approaching $0.50. A wallet linked to Multicoin Capital spent 30 million USDC to buy 600 million WLD tokens via off-exchange trades at an average price of $0.50. WLD's trading activity also rose significantly, with recent volume hitting a yearly high of $1.46 billion. Data shows that whales have accumulated over 150 million tokens in recent days.
Worldcoin's WLD Surges 4% Amid Major Institutional Buy, Nears $0.50
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Summary
Worldcoin's WLD is among the altcoins to watch as it climbed nearly 4%, nearing $0.50, fueled by a major institutional buy. Multicoin Capital spent 30 million USDC to acquire 600 million WLD via off-exchange trades. Trading volume hit a yearly high of $1.46 billion, with whales accumulating over 150 million tokens in recent days.
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