💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Recently, Worldcoin's Token WLD has shown exceptionally strong performance, attracting widespread attention from the market. There are several key factors worth discussing behind this rise.
First, the large-scale entry of institutional funds has become an important catalyst for the rise in WLD prices. A listed company named Eightco Holdings (stock code OCTO) announced a remarkable decision - to finance 250 million USD entirely for the purchase of WLD, making it the company's main reserve asset. After this news was made public on September 8, the price of WLD rose sharply, and Eightco's stock even saw an astonishing 3000% increase. This phenomenon is unprecedented in the cryptocurrency field, comparable to MicroStrategy's large-scale acquisition of Bitcoin.
Secondly, the participation of well-known institutional investors has further boosted market confidence. Institutional heavyweight Tom Lee and mining company BitMine invested $20 million, which is equivalent to labeling WLD as "trustworthy." This endorsement effect has triggered smart money and other institutional investors to follow suit, leading to a surge in WLD's trading volume to $4 billion, ten times that of before.
At the same time, the user base of Worldcoin is rapidly expanding. Currently, the total number of users has surpassed 33.5 million, with an additional 1 million users added in just the past week. Notably, the number of verified "real" accounts has exceeded 5.3 million. The daily transaction volume of the Worldcoin wallet has surpassed 2 million, and network activity has reached a new high.
However, the market also showed typical volatility characteristics. The price of WLD began to plummet sharply after reaching a high of 2.2 dollars, likely due to profit-taking by large holders. Analysis suggests that the price may pull back to the range of 1.2-1.4 dollars.
For investors, the current price may be at a relatively high level. Unless adopting a very short-term strategy, entering the market at this time requires extra caution. The market trend is still full of uncertainty, and investors should closely follow subsequent developments and make prudent decisions.