Worldcoin Price Surges 13% Following Trump’s $500 Billion AI Stargate Project – Bulls Aim For 78% Gains

Highlights:

• Worldcoin pumps 13% to $2.14 as trading volume spikes.
• The recent rally comes following Trump’s announcement of a $500 billion AI “Project Stargate” with Worldcoin founder. 
• The project is set to provide a strategic capability to protect the national security of America and its allies. 

Worldcoin’s price has increased 13% to $2.14 as bullish momentum builds in the market. Accompanying the noticeable price movement is its daily trading volume, which has gone ballistic by 82% to $739 million. This indicates intense market activity in the WLD market. WLD now boasts a 10% surge over the past week, despite the slight fall of 1% in a month and 8% in a year. 

The recent rally comes following Trump’s announcement of a $500 billion AI “Project Stargate” with WorldCoin founder. 

Trump announces $500 billion AI "Project Stargate" with $WLD founder @sama. https://t.co/9dB8iU4zdp

— ElonTrades (@ElonTrades) January 21, 2025

The Stargate Project is a new company that intends to invest $500 billion over the next four years in building new AI infrastructure for OpenAI in the U.S. This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive economic benefit for the entire world. 

This project will not only support the re-industrialization of the United States but also provide a strategic capability to protect the national security of America and its allies. This has caused a sharp increase in WorldCoin as investors are optimistic for major gains this 2025. 

WLD Statistical Data

Based on CoinmarketCap data:

• WLD price now – $2.13
• Trading volume (24h) – $739 million
• Market cap – $1.99 billion
• Total supply – 10 billion
• Circulating supply – 35.35 million
• WLD ranking – #59

WLD Price Poised for a Breakout

The Worldcoin price is winning on the charts today, increasing 13% to $2.14 at press time. The WLD chart in the 1-day chart timeframe exhibits a consolidation phase after a significant price surge earlier in the chart’s history.

The recent Worldcoin price action is forming a descending triangle pattern, characterized by a series of higher lows and a horizontal resistance level around $2.49. The consolidation phase may act as an accumulation period, which may see the WLD price breakout to $3 in the near term. 

Further, the bulls have established strong support at the $2.10 mark, coinciding with the 200-day long-term MA. However, to be safe, bulls must uphold higher support at $2.49 to encourage already sidelined investors to join the uptrend without worrying about sudden corrections.

A closer look at the Relative Strength Index (RSI) has plunged below the 50-mean level, suggesting dwindling buying momentum. Its position at 47.65 suggests that the selling activity is intensifying. However, if the buying appetite kicks in at this level, the RSI could hurtle above the 50-mean level, invalidating the bearish thesis.

On the other hand, Moving Average Convergence Divergence (MACD) introduces a bullish outlook. This is evident as the blue MACD line (-0.0882) crossed above the orange signal line (-0.0982), igniting a buying momentum. In this case, investors are at liberty to rally behind the WLD coin unless the MACD changes.

Worldcoin Price Could Rally to $3 Level Soon

Based on the 1-day chart outlook, there is a fierce tug of war between the bulls and the bears; however, the odds tend to lean to the upside. If the bulls capitalize on the buy signal from the MACD indicator, the Worldcoin price could rally, obliterating the $2.49 resistance level. A flip of $2.49 into the support floor would ignite a substantial leg up, potentially reaching $3.85, a 78% rally in the short term.

On the downside, failure to break through the $2.49 technical barrier may see the WLD price fall through. In such a case, the $2.10 support floor will be in line to cushion against further downside.