Crypto Drama: Worldcoin and Hyperliquid’s Wild Ride to Riches! 🚀💰

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In the grand theater of cryptocurrencies, two actors, Worldcoin and Hyperliquid, have taken center stage, dazzling the audience with their remarkable performances. According to the esteemed CoinGecko, these tokens have soared nearly 35% in the past week, leaving spectators gasping in disbelief. Will their price rally continue, or is this merely a fleeting moment of glory? 🤔

Worldcoin (WLD), a veritable phoenix, has risen for seven consecutive weeks, as evidenced by the WLD/USDT weekly price chart. In the last 24 hours, it has gained nearly 2%, and in the past week, it has achieved a staggering 35% increase. This meteoric rise is likely fueled by a series of announcements from the illustrious Sam Altman-led AI firm, hinting at grand expansion plans. Who knew crypto could be so dramatic? 🎭

Meanwhile, Hyperliquid (HYPE) has also joined the fray, adding 7% to its value today and matching Worldcoin’s impressive weekly gains. The recent surge in HYPE’s value can be attributed to the fervent accumulation by crypto elites, including the notorious Arthur Hayes, former BitMEX CEO and co-founder of Maelstrom. Ah, the elite circle of crypto! 🕴️💼

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Worldcoin and Hyperliquid price forecast

Worldcoin has posted seven consecutive weeks of gains, and the rally shows no signs of stopping. Technical indicators suggest that WLD could extend its rally, with a potential 32% increase pushing it to test the psychologically significant resistance at $2. Will it break through, or will it be a tragic fall? 🎢

The RSI reads 51, crossing above the neutral level of 50, while the MACD flashes green histogram bars, signaling a positive momentum in WLD’s price trend. But beware, dear investors! In the event of a market-wide correction, WLD could slip to support at $0.914. The drama unfolds! 🎭

The daily price chart supports a similar narrative, with WLD targeting resistance at $1.641, marking an 8% climb from its current price of $1.538. The $0.835 support is crucial as the AI token continues its upward journey. The RSI has crossed above 70, entering the “overbought” zone, while the MACD signals positive momentum. Will it hold? 🤷‍♂️

WLD faces resistance at $2, marked as R2 on the WLD/USDT daily price chart. The tension is palpable! ⚔️

HYPE, on the other hand, is a mere 13% away from its closest resistance at R1, marked by $40 on the daily timeframe. Since its upward trend began on April 7, 2025, the token could find support at $32 if a correction occurs. The stakes are high! 🎲

Momentum indicators on the daily timeframe support further gains in HYPE, with the RSI climbing towards 83. The MACD is flashing green histogram bars above the neutral line, signaling a positive trend. The 2024 peak of $42.252 looms as a key target for HYPE, but will it reach it? 🏔️

WLD and HYPE on-chain analysis

Worldcoin’s on-chain indicators paint a bullish picture for WLD in the coming weeks. The network’s realized profit and loss metric reveals a consistent loss realization from traders throughout early 2025. NPL suggests a likely capitulation in WLD, typically followed by a price increase. The whale transaction count shows spikes this week, indicating that large wallet investors are realizing gains. The selling pressure on WLD is relatively low, leaving room for price gains next week. Will the whales swim to victory? 🐋

Hyperliquid’s on-chain metrics reveal a spike in trade volume, weighted sentiment, and social dominance alongside the rally. HYPE’s price has surged, driving up its mentions across social media platforms. However, while social dominance is noted, it remains relatively low compared to the significant spike observed in March 2025. Will HYPE’s popularity continue to rise? 📈

Derivatives traders bullish on HYPE rally, WLD hype fades

Derivatives data from Coinglass indicates that the long/short ratio exceeds 1 for HYPE, implying that traders are bullish on HYPE’s price gains. The total liquidations for the last 24 hours stand at $940,000, with a majority of short positions paying for longs. The drama thickens! 🎭

The futures open interest chart for HYPE shows that OI is at its highest level since December 2024, climbing to $1.16 billion during the ongoing price rally. Will this mark a turning point? 🔄

Worldcoin’s derivatives data analysis reveals a nearly 50% increase in OI in the last 24 hours. Similar to HYPE, short liquidations exceed long, with total liquidations above $7 million. The long/short ratio is under 1, suggesting that derivatives traders may not be as bullish on WLD’s price gains. Caution is advised! ⚠️

Catalysts driving gains in WLD and HYPE

For WLD, a significant catalyst is the announcement of Worldcoin’s expansion and the direct token sale to a16z and Bain Capital Crypto. The news of a direct purchase of $135 million in WLD has ignited a bullish sentiment among traders. The Worldcoin team has stated that this investment was a direct purchase of non-discounted tokens by two of the project’s earliest backers. The plot thickens! 📜

The funding comes from two of World’s earliest backers and long-term holders — a16z and Bain Capital Crypto.
This wasn’t a venture round. It was a direct purchase of non-discounted liquid tokens.

The circulating supply of WLD has thus increased correspondingly.…

— World (@worldcoin) May 21, 2025

Hyperliquid has made several announcements about bridges built to transfer tokens to the HYPE ecosystem, new listings, and partnerships. A recent tweet from Maelstrom co-founder Arthur Hayes has further fueled the social media buzz surrounding HYPE. Early on Friday, Messari Crypto reported that a Hyperliquid short-seller was liquidated for $23 million as the token soared nearly 90%. Talk about a dramatic twist! 🎬

Hyperliquid short seller liquidated for $23M after HYPE soars to ATH

— Messari (@MessariCrypto) May 23, 2025

Tether and its partner Plasma Foundation are powering zero-fee stablecoin transfers, extending this initiative to the Hyperliquid exchange. The arrival of zero-fee stablecoin transfers in its ecosystem is currently one of the largest catalysts driving gains in the HYPE token. Will this be the cherry on top? 🍒

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2025-05-24 00:52