Arthur Hayes backs WLD as AI-linked token jumps more than 30%

WLD outperformed a weaker broader crypto market on June 4, with Hayes calling for “WLD 10 dollars” and warning short sellers would “cry” as AI-sector tokens also advanced.

WLD

Summary

WLD rose sharply on June 4 as AI-focused cryptocurrencies outperformed a weaker broader crypto market. Arthur Hayes, identified in the source as the former BitMEX CEO and BitMEX co-founder, publicly backed the token by reposting a WLD chart, writing “WLD 10 dollars,” and saying short sellers would "cry." Market readings cited in the reports showed WLD at $0.515 on OKX, up 35% over 24 hours, while HTX data showed earlier levels of $0.5332, up 39.22%, and later $0.5243, up 33.04%. Other AI-linked tokens also gained, including IO, ROBO and PHA.

Terms & Concepts
  • WLD: A crypto token associated with the Worldcoin project.
  • AI-sector tokens: Cryptocurrencies tied to projects centered on artificial intelligence or related themes.
  • short sellers: Traders who bet an asset's price will fall, typically by selling borrowed tokens and aiming to buy them back later at a lower price.