{"id":460,"date":"2025-05-22T07:46:14","date_gmt":"2025-05-22T07:46:14","guid":{"rendered":"https:\/\/bitunikey.com\/news\/worldcoin-rallies-10-as-world-foundation-raises-135m-to-expand-world-id-network\/"},"modified":"2025-05-22T07:46:16","modified_gmt":"2025-05-22T07:46:16","slug":"worldcoin-rallies-10-as-world-foundation-raises-135m-to-expand-world-id-network","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/worldcoin-rallies-10-as-world-foundation-raises-135m-to-expand-world-id-network\/","title":{"rendered":"Worldcoin rallies 10% as World Foundation raises $135M to expand World ID network"},"content":{"rendered":"
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Worldcoin has jumped 10% in the last day, riding the wave of a major $135 million raise by the World Foundation.<\/p>\n

According to World Foundation\u2019s official fundraising announcement<\/a> on May 21, the funds will be used to expand its iris-based identity network, World ID. Leading the raise were Andreessen Horowitz and Bain Capital Crypto, who purchased Worldcoin (WLD) tokens at market value, increasing the supply of tokens in circulation.<\/p>\n

With more than 26 million users and 12.5 million Orb-verified IDs in oved 160 countries, this institutional support lends more credibility to the project. The market has responded positively to the news.\u00a0<\/p>\n

Trading volume is up 87% to over $508 million, while derivatives volume has exploded by 112% to $879 million. Open interest is also up 23%, now sitting at $280 million, as per Coinglass data<\/a>. After months of decline, this steep increase points to a change in trader sentiment as capital moves back into WLD. However, the token is still 89% below its peak of $11.74 in March 2024.<\/p>\n

<\/p>\n

On the technical side, Worldcoin\u2019s price action is displaying signs of strength. After recovering from support around $1.00, it has climbed back to $1.24. The move is accompanied by strong momentum and rising volume, indicating that bulls might be regaining control. The price is trading above the short- and mid-term moving averages, which are currently trending upward, often a bullish sign.<\/p>\n

<\/source><\/p>\n<\/picture>
Worldcoin price analysis. Credit: crypto.news<\/figcaption><\/figure>\n

The relative strength index is slightly above 60, indicating that there is still potential for growth without reaching an overbought level. The expanding Bollinger Bands suggest a possible breakout move. If bulls can break through the crucial resistance level, which is around $1.30, the next major barrier is near $1.38.\u00a0<\/p>\n

On-chain fundamentals continue to be a risk as well as a strength. More WLD is now in circulation as a result of the recent token sale, which could put short-term pressure on the price. But the fact that this was not a VC dump, but rather a sale to two long-time backers at market price, changes the narrative.\u00a0<\/p>\n

Furthermore, if Worldcoin can use the new funding to successfully scale its World ID infrastructure, especially in jurisdictions like the U.S., where digital identity regulation is tightening, it could carve out a unique niche at the intersection of AI, privacy, and identity.<\/p>\n

If the current momentum holds, WLD might move in the $1.37\u2013$1.50 range. A breakout above that area could result in a more pronounced rally as shorts are squeezed. However, if buyers lose interest and the token falls below $1.20, a retrace to $1.10 or even $0.95 is still possible.<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Worldcoin has jumped 10% in the last day, riding the wave of a major $135 million raise by the World Foundation. According to World Foundation\u2019s official fundraising announcement on May…<\/p>\n","protected":false},"author":1,"featured_media":461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=460"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/460\/revisions"}],"predecessor-version":[{"id":462,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/460\/revisions\/462"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/461"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}