Worldcoin (WLD) price rallied over 25% in the past 24 hours, reaching an intraday high of $1.30 on Monday, September 8, 2025, before settling at $1.28. This surge extends a nearly 40% gain over the past week and a 110% increase from its April low. Trading volume tripled to approximately $934 million, indicating strong investor demand, while its market cap climbed to $2.48 billion, ranking it as the 62nd largest cryptocurrency.
Whale accumulation played a key role, with large wallets increasing holdings from 6.94 million to 7.25 million tokens in 24 hours. The rally follows Worldcoin's Anonymized Multi-Party Computation (APMC) initiative, developed with global academic institutions to enhance its quantum-secure, privacy-preserving biometric verification system.
Technically, WLD broke out from a falling wedge pattern, part of a larger cup and handle formation on the daily chart. Momentum indicators like MACD and Chaikin Money Flow support further upside, with targets at $1.382 (wedge breakout) and potentially $2.04 if the neckline at $1.403 is breached. Futures markets show bullish sentiment, with a long/short ratio of 1.09, and the Smart Money Index hit a 48-day high of 0.605, indicating institutional interest.