Worldcoin Price Forecast: Can WLD Hit $1 Amid OpenAI IPO Buzz?

Worldcoin’s WLD token has rebounded sharply from its May lows as traders treat it as a high-beta proxy for the OpenAI IPO trade.

WLD Rates More Than Doubled Ahead of OpenAI Filing

WLD has surged more than 120% since hitting a record low near $0.23 on May 18. The token was trading around $0.50 on June 9, still holding weekly gains after OpenAI confidentially filed for a US initial public offering.

OpenAI has not disclosed the timing, size, or final terms of the IPO, but reports suggest the ChatGPT maker could seek a valuation near $1 trillion.

That has put WLD in the spotlight because of its link to Sam Altman. Worldcoin does not directly benefit from an OpenAI listing, but traders are treating it as one of the most liquid crypto plays tied to the broader AI boom.

Maelstrom, the family office of controversial crypto influencer and BitMEX co-founder Arthur Hayes, helped amplify that trade in early June, positioning Worldcoin as an overlooked bet on the coming wave of AI mega-IPOs.

Their bullish commentary helped drive strong volume and short covering, although Hayes later said he had exited his WLD position.

The question now is whether the rally has enough momentum to push WLD toward $1.

WLD Faces Resistance Near $0.72

Despite the rebound, WLD’s broader trend remains weak.

The token is still down nearly 95% from its March 2024 record high near $12 and continues to trade inside a descending channel on the weekly chart.

Between March and May, WLD consolidated near the channel’s lower boundary before bouncing from the May 18 low. The recovery has now brought the price toward a key resistance zone.

WLD faces its first major barrier at the 50-week exponential moving average (50-week EMA, the red wave) near $0.667. Just above that sits the 0.236 Fibonacci retracement line near $0.721.

This $0.66–$0.72 area is the main level bulls need to reclaim.

Recent weekly candles show selling pressure near that zone. Last week’s candle printed a long upside-down wick, signaling rejection. This week’s candle is showing similar behavior after Monday’s 30% rally faded before a full test of the resistance cluster.

A decisive weekly close above the $0.667–$0.721 resistance zone could put WLD on track to test the descending channel’s upper trendline near $1.02, which also aligns with the 0.382 Fibonacci level.

However, failure to clear that zone could trigger profit-taking after WLD’s 120% rebound from its May 18 low. In that case, the token risks sliding toward immediate weekly support at the 20-week EMA (the green wave) near $0.39.

For now, WLD’s $1 target depends on a clean breakout above $0.72. Without it, the rally risks fading inside the broader descending channel.