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Worldcoin’s Rally Leads to New ATH, Boosting Alameda Research’s Portfolio by $50M

Published 20/02/2024, 09:59
Worldcoin’s Rally Leads to New ATH, Boosting Alameda Research’s Portfolio by $50M

Coin Edition -

  • Worldcoin (WLD) reached an all-time high of $7.99.
  • WLD surged 36% yesterday, rising from the $5.89 opening price.
  • Alameda Research’s WLD holdings surged by over $50 million.

Worldcoin, the iris biometric cryptocurrency project, achieved a new milestone yesterday when its native crypto, WLD, reached a new all-time high (ATH). The novel cryptocurrency surged by 36% yesterday, rising from a $5.89 opening price to a new ATH of $7.99, according to data from TradingView.

Yesterday’s price surge was part of a sustained price rally during which WLD gained 270% in two weeks. The acclaimed world’s largest digital identity project’s native coin bounced off a local low of $2.15 on February 5, embarking on a steep rally to make remarkable gains over a short period.

Coincidentally, WLD’s price rally coincides with a milestone achievement by the parent project in terms of growth and adoption. On February 17, Worldcoin posted that the number of daily users on its platform had surpassed the one million mark. The cryptocurrency’s total market capitalization rose to $936 million as it climbed to the 81st position on CoinMarketCap’s global crypto ranking.

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