The post WLD Price Surges 122% as Gold Hits Record Highs & Treasury Strategy Boosts Momentum appeared first on Coinpedia Fintech News
Recently, the cryptos are seeing much interest in Q3, and September seems more promising for these high-risk assets. As evident today, the WLD price has surged by over 122% in the past 24 hours, alongside a rise witnessed in other cryptos too.
This rise is coinciding with gold reaching a record $3,649 per ounce, when writing. This dual rally signals a growing shift away from traditional monetary frameworks, with investors embracing alternative assets like cryptos, and as a result, altcoins like Worldcoin crypto are also getting acknowledged in the current trend, as confidence in fiat systems weakens.
WLD Price Today Breaks Out from Bearish Trend
The WLD price today reflects a decisive move, breaking out of a symmetrical triangle pattern and attempting to reverse its long-standing bearish structure.
Earlier this week, Worldcoin price chart data revealed a 150% spike before encountering resistance at $2.12. Despite retracing to $1.89 at present, the WLD price USD still holds impressive triple-digit gains.
If this level flips convincingly, it could mark a long-term change of character for Worldcoin crypto.
Treasury Strategy Sparks Fresh Optimism in WLD Price Forecast
Adding to the bullish momentum, the institutions are also moving away from traditional finance and seeking new ways to get into crypto. The recent rally greatly aligns with institutions increasing their risk exposure, and in that mindset, recent Eightco Holdings Inc. announced a $250 million private placement on September 8th that amplified bullish momentum.
Also, alongside OCTO’s private placement, a $20 million investment from BitMine to launch the world’s first Worldcoin treasury strategy is also a bullish factor for WLD.
This milestone has not only lifted WLD crypto sentiment but also pushed OCTO stock from its July high of $2.74 to an intraday peak of $83.12, before retracing to $45.08. The correlation underscores how traditional equities linked to blockchain or digital assets are reaping extraordinary benefits.
Macro Shifts Drive Attention to Worldcoin and Gold
Furthermore, the rise of cryptocurrencies and other digital assets is clear evidence that the traditional finance framework has pissed people off, and they are seeking change.
As a result, the ongoing Gold’s sharp climb to new all-time highs, surpassing historical peaks, adds further context to the WLD price surge. Investors appear to be moving capital into assets, whether high risk or low risk; they are seeking an exit from the traditional finance framework and want a more transparent and balanced framework.
The WLD price prediction is now being tied to this broader trend of people’s tilting away from fiat-based systems. Blockchain tokens emerge as a parallel store of value alongside precious metals like gold.
WLD Price Chart Signals Potential for Further Gains
Now coming to the technical part of WLD, despite its current retracement, it still shows strength on the technical front. Now experts are looking at its potential for a further 200% rally upto $7 in 2025, only if December 2024 highs are retested and cleared.
However, the sharp volatility also calls for caution, as parabolic moves often invite profit-taking.
Nevertheless, the strong recovery pattern suggests that the WLD price forecast may remain firmly bullish if momentum continues.