Worldcoin (WLD) Price 200% Rally Boosts 3AC Holdings To $900M

Rupam Roy
February 22, 2024
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Worldcoin Pilots World ID Verification In Peru, WLD Price To Rally?

Highlights

  • Worldcoin (WLD) price surge elevates 3AC Liquidator's holdings to $900 million.
  • Investors have shifted focus to AI-related tokens, contributing to Worldcoin's momentum.
  • Worldcoin's price jumps over 200%, with one-day trading volume surpassing the $1 billion mark.

The price of Worldcoin (WLD) has experienced a remarkable surge, propelling the holdings of the 3AC Liquidator to an impressive $900 million valuation. This surge coincides with a broader uptrend in AI-related tokens, particularly with the recent launch of Sora by Sam Altman’s OpenAI.

Meanwhile, the significant increase in WLD’s price underscores growing investor interest in both the token and the broader AI-driven cryptocurrency market.

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3AC Liquidator’s Holdings Reach $900 Million

As the cryptocurrency market experiences fluctuations, the wallet address beginning with 0xc7c, dubbed “Teneo: 3AC Liquidation,” emerges as a focal point, amassing a substantial portfolio of digital assets. With the resurgence of WLD prices, the wallet’s holdings have skyrocketed, surging to a record value surpassing $900 million, Scopescan data showed.

Meanwhile, the wallet’s holdings primarily comprise various cryptocurrencies, with the lion’s share represented by 75 million Worldcoin (WLD) tokens, valued at approximately $623.25 million. In addition, the wallet houses 134.17 million units of STRK, equating to roughly $250 million, along with 8.437 million units of DYDX, amounting to approximately $25.058 million. Furthermore, the wallet includes 160,000 units of AXS, valued at around $1.242 million.

Notably, the surge in Worldcoin’s price comes amid a broader uptrend in AI-related tokens, fueled by the recent launch of Sora by Sam Altman’s OpenAI. The introduction of Sora has generated considerable excitement within both the technology, and especially the AI sector, further boosting investor confidence in AI-driven projects.

As a result, Worldcoin has emerged as a focal point for investors seeking exposure to innovative AI technologies within the crypto market.

Also Read: XRP Whales Shift 203 Mln Tokens Amid XRP ETF Buzz, What’s Next?

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Worldcoin (WLD) Gains Momentum Amid AI Token Surge

Worldcoin’s recent price surge underscores its growing momentum within the crypto market, particularly in the context of AI-related tokens. Co-founded by Sam Altman, Worldcoin has garnered attention for its innovative approach to leveraging artificial intelligence in blockchain technology. Besides, the surge in price reflects investor confidence in Worldcoin’s vision and potential applications.

Meanwhile, as of writing, the Worldcoin price was up 23.25% to $8.35, with its trading volume soaring 30.96% to $1.03 billion. Notably, the WLD token has gained over 170% in the last seven days, while adding over 270% in one month.

Additionally, in a recent announcement, the Worldcoin community has celebrated a significant milestone, disclosing that the number of subscribers to the World App, Worldcoin’s wallet, exceeded 1 million last week. As per the community’s update on X, dated February 17, the user base of the World App wallet has surged past the 1 million milestone, signaling a series of accomplishments for the Worldcoin initiative.

This rapid increase in project adoption has quickly gained attention, coinciding with the upward momentum of WLD prices.

Also Read: Terra Vs SEC- Court Sets Pretrial Deadline As Do Kwon Set for US Extradition

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.