Worldcoin (
WLD
) has surged by 23.6% in the past 24 hours, reaching $6.50 for the first time in three weeks. The asset's market cap is currently at $1.32 billion, making it the 70th-largest digital currency. The daily trading volume of Worldcoin (
WLD
) recorded a 109% rally, reaching $520 million. The total open interest of Worldcoin (
WLD
) increased by 21.5%, rising from $131.9 million to $160.3 million.
Higher price volatility is expected due to whale activity and potential liquidations. The total
WLD
funding rate aggregated from all exchanges dropped from 0.008% to 0.001% in the past 24 hours, indicating increased open interest primarily from augmented short positions. The number of traders betting on a
WLD
price fall has increased with the asset's price rally.
The Worldcoin (
WLD
) exchange inflow is currently at 454,380
WLD
, while the exchange outflow is at 542,360
WLD
, recording a net outflow of 87,980 coins in 24 hours. On-chain movements indicate that some investors are accumulating Worldcoin (
WLD
) despite bearish expectations. The
WLD
Relative Strength Index (RSI) rose from 40 to 61.38 over the past 24 hours, suggesting a slightly overbought asset.
The daily price chart of Worldcoin (
WLD
) depicts a Bullish "Symmetrical Triangle" which suggest continuation of the current trend in the near term.
Higher price volatility is expected due to whale activity and potential liquidations. The total
The Worldcoin (
The daily price chart of Worldcoin (
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