Worldcoin rises as WLD rally faces wash-trading and dilution concerns

  • Worldcoin's WLD token climbed more than 10% as futures whales and spot buyers supported the rally.
  • Trading volume rose 45% to $639 million during the latest 24-hour period.
  • WLD faces resistance at $0.60, with $0.725 identified as the next potential target.

Worldcoin's WLD token rose more than 10% over 24 hours as trading volume climbed 45% to $639 million, according to the latest market snapshot. The move followed gains across several previous sessions and coincided with evidence of stronger participation from larger investors and spot buyers. CryptoQuant data showed whale orders maintaining dominance in the futures market, while Spot Taker CVD indicated that buyers were controlling spot-market activity. WLD was trading above key exponential moving averages, supporting the positive market-structure view. The immediate resistance level is the local high near $0.60; a convincing break above it could open a path toward $0.725, although neither level has been confirmed as breached. The latest volume figure differs from earlier coverage that reported approximately $648.69 million across 70 exchanges and a separate estimate of $654 million. That earlier analysis also found that 90% of transfer volume appeared artificial, leaving estimated legitimate exchange-side volume at $44.22 million. WLD previously recorded a 911,248-token net inflow to centralized exchanges, while its mintable Ethereum contract and possible distribution from large wallets continued to present supply and liquidity risks. No confirmed announcement from Worldcoin, the World Foundation or Tools for Humanity was identified as a direct catalyst.

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