Worldcoin (WLD) Jumps 9% Daily: What Happened and What’s Next?

The cryptocurrency market posted a mild correction today (October 20), with Bitcoin (BTC) dropping by 1.5% and Ethereum (ETH) retreating by 2%. However, Worldcoin (WLD) moved in the opposite direction, soaring to its highest level in a week. Check out what triggered the pump and some of the potential price targets ahead. ‘The Bulls Have Taken the Wheel’ WLD briefly surged to nearly $0.55 before slightly plunging to the current $0.53 (per CoinGecko). Its market capitalization surpassed the $2 billion psychological mark, making it the 50th-largest cryptocurrency after flipping Polkadot (DOT), Aster (ASTER), and other popular altcoins. The rally appears to have been fueled by Worldcoin’s introduction of World ID for banking and finance: a new suite of identity-verification technology aimed at institutions.

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