Worldcoin (CRYPTO:WLD) has made a significant leap, soaring 42% in just 24 hours following news of an extended token lockup period for investors and team members.
Now trading at $3.15, WLD has emerged as one of the top gainers globally, driven by heightened trading volumes that surged 158% to reach $880 million.
The decision to extend the lockup from three to five years has sparked investor enthusiasm by reducing circulating supply, traditionally leading to price surges in crypto markets.
The potential for WLD to reach $5, a 55% increase from current levels, appears feasible given its recent performance and historical price peaks.
Just last month, WLD touched $5 and has even achieved highs of $11.82 earlier this year.
The psychological significance of the $5 mark coupled with a bullish crypto market sentiment, characterized by Bitcoin's rise above $65,000 and the Crypto Fear & Greed Index indicating "Greed," further bolsters optimism for WLD's upward trajectory.
Meanwhile, attention in the AI crypto sector has turned to WienerAI (CRYPTO:WAI), a hybrid meme coin and tech venture nearing the end of its presale phase.
With over $7.5 million raised, WienerAI promises an AI-driven trading bot with features like zero fees and protection against market manipulation, positioning it as a potential contender for significant gains in the near future.
As WLD continues to rally, traders and investors are closely monitoring the next moves in the AI crypto space, anticipating further market excitement and potential opportunities.
Both Worldcoin and WienerAI exemplify the dynamic nature of the crypto market, where strategic announcements and technological innovations can swiftly propel tokens to new heights amid evolving investor sentiments and market conditions.