Is Worldcoin Heading To $0.58? Check the forecast
Key receivers
WLD is approaching $0.50 after adding 3.7% to its value in the last 24 hours.
The rally comes as a wallet linked to Multicoin Capital spent 30 million USDC on Thursday to buy 60 million WLD tokens.
Multicoin Capital link wallet buys 60 million WLD tokens.
The native coin of the Worldcoin ecosystem, WLD, is among the top 100 cryptocurrencies by market cap. The coin has gained about 4% in the last 24 hours and is now trading around $0.50.
The rally comes after Lookonchain data on Thursday revealed a wallet thesis-led investment firm linked to Multicoin Capital, through an over-the-counter (OTC) spent 30 million USDC stablecoin to buy 60 million Worldcoin tokens at an average price of $0.50.
A wallet linked to Multicoin Capital (0xf000) spent $30M to buy $60M of WLD at $0.50 OTC. pic.twitter.com/wFp7dyOTGp
— Lookonchain (@lookonchain) December 25, 2025
This purchase shows strong institutional interest in the cryptocurrency.
Additionally, Sentiment data showed that WLD's trading volume reached $1.46 billion on Wednesday, the highest annual and trading volume not seen since July 2024.
The increasing volume indicates an increase in the demand and volume of traders in Worldcoin, which increases its volatility. Additionally, Santiment's Supply Distribution data shows that some whales are buying WLD with recent price increases.
Whales holding between 10 million and 100 million WLD tokens and between 1 million and 10 million WLD tokens accumulated a total of 150.59 million WLD tokens from Sunday to Thursday.
WLD sees a resistance level of $0.58 in bullish sentiment.
The 4-hour chart of WLD/USDT is weak and ineffective despite the fact that WLD has gained 4% in value over the past 24 hours. At press time, the coin is trading at around $0.498 and may rise in the near future.
If the bullish momentum continues, WLD could extend its rally to daily resistance at $0.56. A successful close above this level could target WLD's 50-day moving average (EMA) at $0.63.
The Relative Strength Index (RSI) on the 4-hour chart is at 49, pointing upwards towards the neutral level of 50, indicating increasing bullish momentum. However, for the bullish momentum to continue, the RSI must move above neutral.
On the downside, if the bulls fail to build on this momentum, WLD could face a correction and enter the recent lows of $0.47.
