Worldcoin (WLD) has made some significant gains in the last 24 hours, with the cryptocurrency surging 3.6% against the US dollar during a 24-hour period that ended at 22:00 PM Eastern on September 23rd. This notable price increase has generated a lot of excitement in the cryptocurrency space, as many investors wonder if this could be the start of an extended bull run.
Upon closer examination of the data, we can see that Worldcoin has experienced substantial growth over the past week. In the 7-day period, WLD has traded 17.5% higher against the US dollar, indicating that the current upward momentum might have legs.
These recent price movements are even more impressive when one considers the underlying market dynamics. Worldcoin has a total market capitalization of $775.46 million, with the market fully valuing the cryptocurrency and recognizing its growing importance in the space.
One measure of the growing interest in Worldcoin can be seen in the trading volumes. Over the past 24 hours, a whopping $234.64 million worth of WLD was traded on various exchanges. This level of activity suggests that many investors are actively seeking to get in on the action and participate in the current rally.
Given the above factors, it seems that Worldcoin may have more room to run in the short to medium term. This upswing may create an attractive buying opportunity for new investors looking to gain exposure to this rapidly expanding cryptocurrency.