Worldcoin’s Wild Ride: Treasury Push Sends Prices Soaring, But ATH Still a Moon Away 🚀💸

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Ah, the theater of the absurd that is the cryptocurrency market! Behold, dear reader, the tale of Worldcoin [WLD], a token that has leaped from the ashes of its four-month slumber like a cat startled by a cucumber. 🦴 From the depths of $0.86, it has soared-nay, catapulted-over 100% in a mere six days. A feat so audacious, one might suspect the hand of the Devil himself, though in this case, it appears to be the doing of Eightco Holdings Inc. [OCTO] and their $250 million private placement, spiced with a $20 million sprinkle from BitMmine [BMNR]. 🤑

On the fateful Monday, 08 September, the announcement came, as grand as a proclamation from the Master and Margarita’s ball. The world’s first Worldcoin treasury strategy was born, with the purchase of 171,232,877 shares at $1.46 per share. And who should grace this occasion but Dan Ives, the Global Head of Technology Research at Wedbush Securities, now crowned Chairman of the Board of Directors. Speaking to CNBC, Ives declared with the fervor of a man who has seen the future:

“As someone that’s so passionate about the AI revolution and the future of tech, I view World as really the de facto standard for authentication and identification in the future world of AI.”

Ah, the future! That elusive mistress who promises much but delivers little. Yet, the market, ever the optimist, reacted with the zeal of a cat chasing a laser pointer. WLD rallied by 30% on Monday, and by the time the ink dried on this article, further gains seemed as inevitable as a Moscow winter. The 1-day market structure, bullish as a bear in a honey factory, broke through the previous lower high at $0.965. Technical indicators, those oracles of the charts, showed sizeable capital inflows and sustained demand, though the MFI modestly declined to declare overbought conditions. 🧙‍♂️

The Price of Ambition

And yet, for all this fanfare, the token remains a mere shadow of its former glory. Its current ATH of $11.74, set in March 2024, stands as a taunting giant, a reminder that even the boldest leaps can fall short. But fear not, for breaching its higher timeframe range from May is, as they say, the first step in a journey of a thousand miles-or in this case, a journey to the moon. 🚀

So, dear reader, as you ponder the fate of Worldcoin, remember this: in the circus of crypto, the only certainty is uncertainty. Will WLD reach its ATH? Only time-and perhaps a bit of magic-will tell. Until then, let us watch with amusement, for the show must go on. 🎪

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2025-09-09 08:09