Worldcoin Spikes 40% in Single Day: Potential $5 Price Target?
Worldcoin (WLD) has surged by an impressive 42% in the last 24 hours, now trading at $3.15.
This sharp rise follows an announcement by the development team to extend the lockup period for investors’ and team members’ tokens from three years to five years. This unexpected move has triggered significant interest and trading activity, catapulting Worldcoin to the top of CoinMarketCap’s gainers list with trading volumes soaring 158% to $880 million.
With the cryptocurrency community now speculating whether Worldcoin can reach the $5 mark, the extended lockup period aims to reduce circulating supply, potentially driving prices higher amidst a bullish crypto market.
Clever Robot News Desk 18th July 2024
