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Worldcoin Surges 10% After $135M Funding Injection for World ID Expansion

Worldcoin Surges 10% After $135M Funding Injection for World ID Expansion

cryptonewsT
Release Time:
2025-05-22 07:40:56
0

Worldcoin’s price rockets as the World Foundation secures a hefty $135 million war chest—because nothing fuels crypto rallies like fresh VC money chasing digital identity dreams.

The funding aims to scale the controversial World ID network, proving once again that blockchain projects never miss a chance to turn privacy debates into profit opportunities.

Investors bite—despite regulators eyeing biometric data collection like hawks. Who needs caution when you’ve got FOMO?

Worldcoin rallies 10% as World Foundation raises $135M to expand World ID network - 1

Worldcoin price analysis. Credit: crypto.news

The relative strength index is slightly above 60, indicating that there is still potential for growth without reaching an overbought level. The expanding Bollinger Bands suggest a possible breakout move. If bulls can break through the crucial resistance level, which is around $1.30, the next major barrier is NEAR $1.38. 

On-chain fundamentals continue to be a risk as well as a strength. More WLD is now in circulation as a result of the recent token sale, which could put short-term pressure on the price. But the fact that this was not a VC dump, but rather a sale to two long-time backers at market price, changes the narrative. 

Furthermore, if Worldcoin can use the new funding to successfully scale its World ID infrastructure, especially in jurisdictions like the U.S., where digital identity regulation is tightening, it could carve out a unique niche at the intersection of AI, privacy, and identity.

If the current momentum holds, WLD might move in the $1.37–$1.50 range. A breakout above that area could result in a more pronounced rally as shorts are squeezed. However, if buyers lose interest and the token falls below $1.20, a retrace to $1.10 or even $0.95 is still possible.

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