Worldcoin news

While tokens like Worldcoin (WLD), Jito (JTO), and Hyperliquid (HYPE) posted significant gains—WLD surged 149.6%, JTO rose 46.7%, and HYPE hit a new all-time high of $77—the broader altcoin market showed little improvement. CoinGecko data reveals that the 'others' dominance, which tracks altcoins excluding Bitcoin, Ethereum, and stablecoins, slipped from 21.41% to 21.16% over the past month and is down from 23.55% at the start of the year. Meanwhile, Bitcoin dominance also fell from 58.16% to 56.96%, with stablecoin dominance rising from 10.79% to 12.53%, absorbing the freed market share. CryptoQuant data further indicates 15 consecutive months of net altcoin spot selling, with a cumulative buy-versus-sell volume difference of -$240 billion—the deepest negative reading since 2020. This persistent selling pressure underscores that the recent rallies in specific tokens were driven by unique catalysts, such as WLD's association with AI and OpenAI, JTO's Solana infrastructure momentum, and HYPE's protocol revenue. Analysts suggest that for a genuine altcoin season to emerge, 'others' dominance would need to reclaim 22.5% and move back toward its year-to-date level of 23.55%, stablecoin dominance would need to roll over, and the buy-sell gap would need to improve for several consecutive weeks.

While bitcoin and most cryptocurrencies traded lower on Tuesday, Hyperliquid's HYPE, Uniswap's UNI and Worldcoin's WLD posted double-digit gains, extending recent rallies. HYPE surged up to 13% to a record above $76, driven by enthusiasm for onchain exchanges. Worldcoin's WLD gained 12%, benefiting from AI-linked investment sentiment after SpaceX' strong debut and OpenAI listing expectations. Uniswap rose 18% after Standard Chartered initiated coverage with a bullish outlook, predicting DeFi could become a major growth sector and setting a $100 price target for UNI by 2030.

Worldcoin (WLD) jumped 21% to about $0.61 on June 15 after Eightco Holdings disclosed it holds 283 million WLD, worth roughly $406 million, making it the largest publicly disclosed institutional holder of the token. The stake represents 8.4% of WLD's circulating supply. Eightco frames its investment as a bet on digital identity, citing the need for verification in an era of high non-human web traffic. Worldcoin, co-founded by OpenAI's Sam Altman, has over 16 million verified users. Speculation about an OpenAI IPO has also boosted demand for WLD. Technically, WLD broke above the 0.786 Fibonacci level and targets the next swing high around $0.66, but a negative divergence on the daily RSI warns of a potential correction. Key support levels are $0.45 and $0.33.

Arthur Hayes sold his Worldcoin (WLD) holdings days after his firm Maelstrom touted it as a proxy for AI IPOs. Hayes posted a chart of falling SpaceX pre-IPO futures, saying he dumped WLD. The sale came after a brief rally following a Maelstrom note predicting WLD would hit $5 by August. Hayes had previously said he would hold WLD through the SpaceX IPO. He has reversed positions on other assets recently, selling HYPE and ZEC after earlier bullish statements, though a wallet linked to him bought back HYPE after its price fell.

Arthur Hayes announced selling his Worldcoin (WLD) position on June 6, just days after publicly promoting the token, sparking accusations that he created exit liquidity for his followers. WLD fell around 11% to $0.46, trimming about $190 million from its market cap. The BitMEX co-founder had urged holders to keep WLD through an expected SpaceX listing, but abruptly exited, drawing criticism from crypto sleuth ZachXBT who noted a pattern of reversals. Hayes also sold NEAR, HYPE, and ZEC earlier that week. In his defense, Hayes said he sold to a willing buyer and would have suffered losses if prices moved higher. The episode has intensified distrust given his 2022 guilty plea for a Bank Secrecy Act violation.

Arthur Hayes, co-founder of BitMEX, sold his entire Worldcoin (WLD) stake on Friday, a day after stating his firm would keep holding the token. The announcement caused WLD to drop 20%, with a 10% decline in the past 24 hours. Hayes had previously said the firm would hold Worldcoin as a proxy for SpaceX shares, which are not yet publicly traded. However, with pre-listing SpaceX prices falling over 50% on Hyperliquid, the rationale for holding the proxy diminished. Worldcoin had risen 70% over the past month before the sell-off, trimming gains to 45% over the past week.

BitMEX co-founder Arthur Hayes sold his positions in HYPE, NEAR, and ZEC during the recent market downturn but continues to hold Worldcoin (WLD), citing its potential as a high-beta proxy for the upcoming SpaceX IPO. On-chain data shows that the tokens he sold were already being distributed by large holders, with smart money indicators turning lower. In contrast, WLD's positioning remains bullish, with all cohorts net long on Hyperliquid and whale supply accumulating. The key signal to watch is WLD's smart money index; if it begins to decline like the others, it may indicate Hayes could sell. Until then, his holding stance is supported by market positioning.

Five altcoins—DeXe, Ethena, LayerZero, Litentry, and Worldcoin—saw their highest new-wallet activity in at least three months on June 3, according to Santiment, even as the broader crypto market declined sharply. Bitcoin fell over 13% in a week, dropping below $65,000, while Ethereum lost about 13.6%. The total market cap dipped toward $2.1 trillion amid ETF outflows and MicroStrategy's first disclosed Bitcoin sale. Santiment noted that network growth, which measures first-time addresses interacting with an asset, suggests traders may view the pullback as an accumulation opportunity. Worldcoin notably surged 79% over the past week, with Arthur Hayes setting a $10 target.

Bitcoin slipped below $70,000 for the first time in eight weeks, triggering $728 million in liquidations. However, several altcoins posted double-digit gains, with NEAR Protocol up 15%, Worldcoin up 12%, and Internet Computer up 11%. Analysts attribute the divergence to capital rotating from Bitcoin ETFs into assets with clear AI narratives or real cash-flow structures, such as NEAR and Worldcoin. Hyperliquid traded near $73, down slightly from its record high. Bitcoin faces headwinds from geopolitics, macroeconomics, and ETF outflows. Meanwhile, altcoin gains are driven by ecosystem-specific factors, including privacy and AI developments for NEAR, and whale buying and adoption wins for Worldcoin.

World, the human verification project connected to OpenAI CEO Sam Altman, announced it will decrease the daily unlock rate of its WLD token by over 40% starting July 24. Community-owned tokens will see their unlock rate fall to 50%, while Investor and Team tokens' rate will slow by 32%. The project, which aims to distribute digital identities to distinguish humans from AI online, has unlocked 49% of the total token supply so far. WLD was trading at $0.28 with a market cap of roughly $900 million at the time of the announcement.