Worldcoin is an overlooked bet on the AI IPO wave: Maelstrom
Maelstrom said Worldcoin’s WLD token could rise to $5 within months as a crypto proxy for the AI boom. The firm argues that surging interest in OpenAI and Anthropic, plus record highs in AI-linked stocks, has not been priced into WLD. Two catalysts could lift it: Eightco, which already holds 283 million WLD and has about $144 million in cash, may buy more tokens and create a reflexive squeeze; and Worldcoin’s daily token unlocks are set to drop 43% on July 24, reducing sell pressure. WLD has been falling since February, with added pressure from a March OTC token sale that led buyers to short the token as a hedge. Maelstrom says the current market cap looks small relative to AI valuations and calls WLD an asymmetric upside play. The token has jumped about 60% in the past week and is the top performer among the top 100 cryptocurrencies.
