Worldcoin Price Surges Amid New Quantum Security Pledge

Worldcoin (WLD) price has increased by 16% in the past 24 hours, following the launch of the Anonymous Multi-Party Computation (APMC) initiative. The project has contributions from Nethermind, the University of Erlangen-Nuremberg (FAU), and the UC Berkeley Center for Responsible Decentralized Intelligence (RDI).

It also involves the Korea Advanced Institute of Science and Technology (KAIST) and the Peruvian University of Engineering and Technology (UTEC). The launch of APMC aims to strengthen Worldcoin's quantum security technology, giving impetus to the development of this cryptocurrency.

Worldcoin Holders Remain Optimistic

Long-term holders (LTHs) are showing renewed confidence, with data from MCA showing a clear preference for accumulation over selling. This behavior reflectsgrowing confidence in the future of WLD , especially as large institutions back its security-focused developments.

The steady rise in MCA shows that holders are committed to not only protecting but also expanding their holdings. This behavior strengthens the foundation for WLD's current recovery.

Want more information on Token like this? Sign up for Editor Harsh Notariya's daily Crypto Newsletter here .

On- chain activity also supports Worldcoin’s broader momentum. The Chaikin Money Flow (CMF) index has recorded a sharp increase in recent sessions, indicating strong inflows into the cryptocurrency. A positive CMF signals sustained demand that could extend the rally.

This timing coincided directly with the APMC announcement, which seems to have sparked buying interest. By pushing the CMF well above the zero line, this development confirms a bullish view on WLD in the short term .

WLD price may continue to rise

WLD has gained nearly 16% in the past 24 hours, becoming one of the best performing altcoins. The altcoin is trading at $1.06, with $1.08 being a key barrier that could shape its immediate price direction.

The above mentioned factors suggest that WLD could register a successful breakout above $1.08, pushing it to $1.11, marking a monthly high. This could boost investor sentiment and potentially attract more Capital into the asset.

On the other hand, profit-taking could reverse the recent rally. If selling pressure increases, WLD could fall to $1.03 or lower to $0.96, erasing recent gains and invalidating the bullish thesis.