Crypto veteran and BitMEX co-founder Arthur Hayes has thrown his weight behind Worldcoin (WLD), a project that continues to stir controversy even as it rides the artificial intelligence narrative. In a post on X, Hayes shared a chart of WLD and set a $10 price target, igniting fresh debate across the digital asset space.
Despite calling WLD a “shitcoin,” Hayes remained bullish on its short-term potential, arguing that AI enthusiasm could serve as a powerful catalyst. Worldcoin, co-founded by OpenAI’s Sam Altman, uses iris-scanning technology for digital identity verification—a feature that has prompted bans and investigations in several countries. The token initially soared to $11 during the 2024 AI rally before crashing to as low as $0.20. Today, WLD trades near $0.50, having gained over 20% in the last 24 hours and more than 100% over the past month.
Hayes’ comments have sparked discussion about the strength of thematic narratives in crypto markets. He believes the AI boom is creating one of the most compelling investment trends, capable of attracting capital to related projects regardless of fundamental concerns. “Market narratives can sometimes outweigh near-term fundamentals, and AI remains one of the strongest themes,” Hayes indicated in his post.
Worldcoin’s association with Altman and its focus on digital identity continue to keep it in the spotlight. While critics warn that hype-driven rallies can be volatile, supporters point to the growing intersection of AI and blockchain as a potential growth engine. With Hayes’ endorsement, WLD has regained attention, leaving traders to watch whether the AI narrative can push the token toward his ambitious target.
