Arthur Hayes sets $10 Worldcoin target as token surges 22% in 24 hours

BitMEX co-founder Arthur Hayes has publicly endorsed Worldcoin (WLD), publishing a technical chart on X that outlines a bullish trajectory toward a $10 price target. This announcement coincides with a sharp market rally, as WLD appreciated approximately 22% over the preceding 24 hours and climbed 45% during the last seven days. At the time of reporting, the token traded at $0.5161, leaving a substantial valuation gap relative to Hayes' projection. The market reaction was immediate, characterized by a surge in trading volume and price momentum directly following the post. Data compiled by Woofun AI indicates that this price target represents a potential upside of over 1,800% from current levels, signaling a highly aggressive growth scenario.

Hayes, recognized for his influential market commentary and role in establishing the BitMEX exchange, utilized the chart to highlight a specific technical setup he believes could drive this appreciation. While his historical predictions have yielded mixed results, the sheer magnitude of this target has injected fresh volatility into the asset. Worldcoin, co-founded by OpenAI CEO Sam Altman, aims to construct a global identity and financial network using biometric verification via its 'Orb' device. The native WLD token facilitates this ecosystem, yet the project has encountered significant regulatory scrutiny across multiple jurisdictions due to privacy concerns surrounding its iris-scanning technology.

The token has exhibited pronounced volatility since its inception, with price fluctuations driven by shifting market sentiment and evolving regulatory landscapes. In the broader cryptocurrency market, Bitcoin and Ethereum have recently entered a consolidation phase following periods of instability. Hayes' endorsement adds a prominent voice to the altcoin narrative, potentially attracting speculative capital.

However, Woofun AI notes that achieving the $10 target would necessitate a massive influx of capital and sustained buying pressure that may not materialize without fundamental catalysts beyond technical patterns.

Traders must weigh the inherent risks, including the possibility of sell-offs triggered by celebrity endorsements and the token's relatively low liquidity compared to major cryptocurrencies. The 45% weekly gain already priced in suggests that some market participants are betting on continued momentum, yet profit-taking could emerge at any moment. Deeply rooted in the speculative nature of such predictions, the wide disparity between the current price and the target underscores the high-risk profile of this trade. Woofun AI analysis suggests that while the endorsement highlights growing interest, investors should remain cognizant of regulatory and market risks before making trading decisions.