Worlcoin’s WLD token has embarked on an upward movement, generating significant interest among cryptocurrency users. The newly created crypto token has gained about 80% of its value in the past two weeks. Riyad Carey, a renowned crypto researcher, observed significant WLD buying activity on Binance in the past 24 hours and thinks it is a notable development for the novel blockchain token.
$WLD rallying more than 5% on about $1mn worth of net buying on Binance in the past 6 hours pic.twitter.com/VjEv4S49Kc
— Riyad Carey (@riyad_carey) September 25, 2023
Carey used data from Kaiko, the cryptocurrency>
WLD has traded sideways for the past two months. It ranged between $2.525 and $0.972. The crypto token’s recent rally established a mid-term resistance at $1.724, according to data from TradingView. As of the time of writing, WLD traded for $1.726 as it attempts to overcome the mid-term resistance and potentially aim for higher levels.