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Worldcoin (WLD) Price Rises 19% While Smart Money Holdings Hit Record Low

Worldcoin (WLD) Price Rises 19% While Smart Money Holdings Hit Record Low

BeInCryptoBeInCrypto2025/01/22 17:30
By:Tiago Amaral

Worldcoin rose 19% following AI investment news, but declining smart wallet holdings and subdued BBTrend may challenge sustained growth.

Worldcoin (WLD) price has jumped 19% following Donald Trump’s announcement of a $500 billion investment in AI infrastructure. This surge has reignited interest in WLD, pushing it closer to a potential golden cross on its EMA lines, a bullish signal for further gains.

If momentum continues, WLD could test key resistance levels at $2.41 and $2.83, with the possibility of surpassing $3.16, a milestone not seen since December 2024. However, caution remains as indicators like BBTrend and Smart Money movements suggest the rally may face challenges in sustaining its strength.

Smart Money Holding WLD Just Reached an All-Time Low

The number of smart wallets holding WLD reached an all-time high of 43 on November 14, collectively holding 183 million WLD. However, this number has been in steady decline, with the current count at an all-time low of 26.

Notably, Multicoin Capital alone holds approximately 94 million WLD, reflecting significant concentration among fewer wallets. This decline in the number of smart wallets suggests a shift in distribution dynamics and potential changes in market behavior surrounding WLD.

Worldcoin (WLD) Price Rises 19% While Smart Money Holdings Hit Record Low image 0WLD Held by Smart Wallets. Source: Nansen

Tracking smart money is crucial, as it often belongs to institutional investors or high-net-worth individuals who can significantly influence market trends.

The current all-time low in smart wallet holdings, despite Worldcoin price surge, could indicate reduced confidence among large holders or a reallocation of funds to other AI-related coins such as VIRTUAL, TAO, and RENDER and other ecosystems such as Solana.

WLD BBTrend Shows Positive Momentum

Worldcoin BBTrend is currently at 1.8, marking its highest level in three days. BBTrend, a Bollinger Bands-based indicator, measures trend strength and direction. A rising BBTrend suggests increasing momentum, while higher values typically indicate stronger bullish trends.

Although WLD’s BBTrend is climbing, it remains significantly below last week’s peak of 6.5, reflecting reduced momentum compared to the prior rally.

Worldcoin (WLD) Price Rises 19% While Smart Money Holdings Hit Record Low image 1WLD BBTrend. Source: TradingView

The current BBTrend at 1.8 signals a positive but subdued trend for Worldcoin. While the price action suggests some recovery, the relatively low BBTrend level compared to last week highlights that the bullish momentum has not fully returned.

This could indicate a cautious market, with WLD needing stronger upward momentum to revisit prior highs or sustain a strong uptrend.

WLD Price Prediction: Can It Rise Above $3 Again?

Worldcoin price has surged nearly 19% in the past 24 hours, driven by excitement around Donald Trump’s $500 billion investment in AI infrastructure, which prominently involves Sam Altman, cofounder of OpenAI and Worldcoin.

This renewed interest has pushed WLD closer to a potential golden cross on its EMA lines, a bullish signal that could propel the price to test resistance at $2.41. If this level is broken, WLD could target $2.83. With continued hype around AI-related coins, it may even test $3.16, surpassing $3 for the first time since December 2024.

Worldcoin (WLD) Price Rises 19% While Smart Money Holdings Hit Record Low image 2WLD Price Analysis. Source: TradingView

However, indicators like Smart Money movements and BBTrend suggest the current rally may lack sustained strength. If momentum wanes, WLD price could retrace to test supports at $2.11 and $2.01.

A break below these levels could lead to a drop as low as $1.83, signaling a sharp reversal despite the recent bullish sentiment.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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