
Worldcoin touted as AI boom proxy by Maelstrom
Worldcoin's WLD token could climb to as much as $5 in the coming months as investors search for ways to gain exposure to the rapidly expanding artificial intelligence sector, according to Arthur Hayes-backed investment firm Maelstrom.
Maelstrom researcher Lukas Ruppert said the market has overlooked Worldcoin as a potential beneficiary of the AI investment boom despite the project's close association with OpenAI Chief Executive Officer Sam Altman.
“The AI mega IPOs are coming — and it appears the market has overlooked one of the cleanest proxies,”
Ruppert said.
The analyst pointed to upcoming public market debuts from OpenAI and Anthropic, alongside record highs in US equity markets driven by strong demand for AI-related companies, as evidence that investor appetite for artificial intelligence exposure remains elevated.
Ruppert argued that Worldcoin's valuation has not reflected this trend and identified two potential catalysts that could support higher prices, including the possibility of additional token purchases by Eightco, which already holds 283 million WLD tokens, and a scheduled 43% reduction in daily token unlocks on July 24.
Worldcoin raised $65 million through a private token sale in March, but Maelstrom said the transaction contributed to selling pressure as investors hedged their positions through perpetual futures markets, creating what it described as a temporary “short overhang”.
The bullish outlook comes as WLD has become the best-performing cryptocurrency among the top 100 digital assets by market capitalisation over the past week, rising around 60%, with Maelstrom forecasting a move from roughly $0.50 to $5 by August if favourable market conditions persist.
At the time of reporting, Worldcoin price was $0.5087.