Key Points
- WLD moves closer to $0.50 after a 3.7% increase in the last 24 hours.
- The surge follows a $30 million purchase of 60 million WLD tokens by a Multicoin Capital-linked wallet.
Multicoin Capital Wallet Acquires 60 Million WLD Tokens
WLD, the native cryptocurrency of the Worldcoin ecosystem, has emerged as one of the top performers among the 100 largest cryptocurrencies by market capitalization. Over the past 24 hours, the token has risen nearly 4% and is now trading close to $0.50.
This uptick came after Thursday’s report from Lookonchain revealed that a wallet associated with Multicoin Capital, an investment firm focused on emerging technologies, spent $30 million in USDC stablecoins to acquire 60 million Worldcoin tokens at an average price of $0.50 through an over-the-counter (OTC) market.
A wallet (0xf000) linked to Multicoin Capital spent $30 million USDC to purchase 60 million WLD at $0.50 via OTC. pic.twitter.com/wFp7dyOTGp
— Lookonchain (@lookonchain) December 25, 2025
This acquisition highlights strong institutional demand for the cryptocurrency.
Furthermore, data from Santiment indicates that the trading volume of WLD soared to $1.46 billion on Wednesday, marking the highest level for the year and the most significant daily trading volume observed since July 2024.
The increase in trading volume suggests growing interest and liquidity from traders in Worldcoin, bolstering bullish sentiments. Additionally, Santiment’s supply distribution data reveals that some whales have been acquiring WLD during recent price dips.
Whales holding between 10 million and 100 million WLD tokens, as well as those holding between 1 million and 10 million WLD, accumulated a total of 150.59 million WLD tokens from Sunday to Thursday.
WLD Faces Resistance Level at $0.58 Amid Bullish Sentiment
The WLD/USDT four-hour chart shows bearish momentum despite WLD’s 4% gain over the past day. At the time of writing, the token trades around $0.498 and may experience short-term gains.
If the bullish trend continues, WLD could extend its rally towards daily resistance at $0.56. A successful close above this level could position WLD to target the 50-day exponential moving average (EMA) at $0.63.
The relative strength index (RSI) on the four-hour chart sits at 49, indicating neutrality. For the momentum to remain bullish, the RSI needs to surpass the neutral level.
Conversely, if buyers fail to maintain this momentum, WLD may face a correction and retreat to its recent low of $0.47.
John is a seasoned journalist at The Bothside News, specializing in balanced reporting across news, sports, business, and lifestyle. He believes in presenting multiple perspectives to help readers form informed opinions. His work embodies the publication’s philosophy that truth emerges from examining all sides of every story.
