Analysts: Worldcoin price rises due to SpaceX IPO hype
2026-06-05 01:34:08
According to CoinWorld.com, Worldcoin's price has surged due to the SpaceX IPO hype, rising over 19% in the past 24 hours and more than 60% this week. Traders are watching whether WLD can maintain its breakout range of $0.45 to $0.48 and advance towards the next resistance level of $0.65. Futures trading volume exceeded $2.3 billion in a single day, and open interest also rose nearly 32% to approximately $447 million, indicating signs of new funds flowing into the market. Worldcoin's daily unlocking is expected to decrease by about 43% on July 24, which may reduce regular selling pressure. Despite privacy scrutiny, traders still need to defend the reclaimed support level and push WLD's price above $0.50.
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Source:The Coin Republic
This content is for market information only and does not constitute investment advice.