Worldcoin Dumps $135M Fast, Price Jumps 15%—What in Sam Hill?

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Worldcoin Dumps $135M Fast, Price Jumps 15%—What in Sam Hill?

Well now, would y’all look at this! Just a few weeks after struttin’ onto the US stage, that slick project called Worldcoin went and sold off a chunk of its shiny WLD tokens to none other than Andreessen Horowitz and Bain Capital Crypto. Yep, you heard that right—sold ‘em good, and raised an eye-popping $135 million, which, I reckon, is enough to make even a stone chicken chin up. 🐓💰

Worldcoin logo and Orb device

And what do ya think happened next? Well, that WLD price didn’t just sit around yawnin’. Nope, it shot up a whole 15% like it’d been shot out of a cannon, now hoppin’ around at $1.21. Ain’t that a sight? Folks are bullish, they say, all fired up about the new expansion plans, thanks to this fresh pile of cash. 💸🚀

According to some fancy press release (probably written by a bunch of city folks who think “digital identity” sounds real spry), this money will help the project grow beyond the horizon—expand the World network, y’know, open new doors and stir up more demand for their Orb-verified IDs all across the globe. 🌍✨

They tell us the tokens went for market prices and now the circulating supply is a hefty 1.51 billion. That’s a good-sized chunk of change, even for the likes of Bain and Andreessen, who believe that a digital “identity” is just about as valuable as a bead of sweat on a summer day.

So, buckle up, folks! Seems like Worldcoin is diggin’ its heels in, spreading its wings, and raking in the green. And I reckon, in this game of shiny toys, it’s just getting’ started. 🤠💥

For more of this kind of hullabaloo, you can read the rest at Coingape.com.

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2025-05-21 20:57