Worldcoin’s WLD token pulled back after reaching an 11-week high above $0.408, as traders reacted to stronger on-chain activity, higher whale participation and new attention around OpenAI-linked market products. At press time, WLD traded near $0.3503 at press time, down 9.14% over 24 hours. Despite the daily decline, the token remained up 39.28% over the past week, showing that the latest drop followed a sharp short-term rally. Worldcoin, now branded as World, is a digital identity and crypto project co-founded by OpenAI CEO Sam Altman. The project is focused on building proof-of-personhood infrastructure using biometric verification through Orb devices. Its connection to Altman has brought renewed attention as artificial intelligence adoption expands and online identity verification becomes a larger market theme. WLD Rally Follows Spike in Network Activity Santiment data showed that Worldcoin’s on-chain activity rose sharply during the latest price rally. Whale transactions reached 64 in 24 hours, the highest level recorded for WLD in 2026. Active addresses also climbed to 1,309 in 24 hours, the second-highest level of the year. Network growth reached 379 new wallets in the same period, marking the highest daily reading of 2026. Source: Santiment When whale transactions, active addresses, and new wallet creation rise together, it often shows that both large holders and smaller users are becoming more active at the same time. However, the timing of the surge suggests part of the activity may have been driven by short-term excitement after WLD’s price move. The token rallied from the $0.24 to $0.25 area and climbed toward $0.38 before facing selling pressure. The move pushed WLD back into focus after the project recovered from earlier weakness linked to a reported $65 million Foundation over-the-counter sale. Binance Launches OpenAI Pre-IPO Perpetual Worldcoin also gained attention as Binance expanded its pre-IPO perpetual futures category with a contract linked to OpenAI. The OPENAIUSDT USD-Margined Pre-IPO Perpetual contract went live on May 26 under Binance’s TradFi trading section. The contract allows traders to speculate on market expectations around OpenAI’s future valuation before any public listing. Traders do not buy actual OpenAI shares. Instead, they trade a futures-style product tied to estimated valuation expectations. Binance introduced the product after strong demand for its first pre-IPO perpetual contract linked to SpaceX. That contract reportedly generated more than $280 million in trading volume within five days. The OpenAI-linked contract supports up to 20x leverage and is margined and settled in USDT. Binance said the product is based on an estimated OpenAI share count of 1 billion shares. Funding fees are settled every eight hours during the pre-IPO phase. Reports cited OpenAI’s private valuation near $852 billion, with the company expected to file for an IPO in the coming weeks. The company may seek a valuation close to $1 trillion if it goes public later in 2026. WLD Price Faces Key Resistance Near $0.38 WLD’s short-term chart shows improved structure compared with April and early May. The token formed a higher low and broke above the $0.30 to $0.32 range before testing the $0.36 to $0.38 resistance zone. The latest daily candle showed rejection from that upper range. A daily close above $0.38 would be needed to confirm stronger upside continuation. If WLD clears that level, the next resistance areas sit near $0.40 and $0.43 to $0.45. On the downside, immediate support is near $0.34. Holding this level would keep the current move within a normal retest after the rally. The stronger support zone remains between $0.30 and $0.32, which previously acted as resistance before the breakout. Source: TradingView A move below $0.30 would weaken the bullish setup and could return attention to $0.25 to $0.26, where buyers previously entered. The RSI was near 67.54, close to overbought territory, suggesting that momentum remains strong but may need a cooling period. MACD readings remained bullish, with the MACD line above the signal line and the histogram still positive. WLD’s near-term direction now depends on whether buyers can defend the $0.34 support zone and reclaim the $0.38 resistance area after the recent rally.
