WLD Surges 20% Against the Trend, Anthropic IPO Filing Ignites AI Sector Frenzy

Source Tradingkey

TradingKey - News of Anthropic's IPO filing has driven a surge in AI cryptocurrencies, led by Worldcoin (WLD), which is currently entering a technical resistance zone and may face a short-term correction.

On June 2, cryptocurrencies generally declined, while the AI sector soared against the trend. Over the past 24 hours, Bitcoin ( BTC) plummeted over 4%, briefly losing the $70,000 mark; Ethereum ( ETH) fell slightly, fluctuating below $2,000; while Ripple ( XRP ), TRON ( TRX) both fell more than 3%.

Despite the broader market decline, AI-themed tokens collectively rose, with the entire sector jumping 3% and total market capitalization surpassing $22 billion. Among them, Worldcoin ( WLD) once surged over 20%, Near Protocol ( NEAR) climbed 12%, Internet Computer ( ICP) gained 9%, and Render (RENDER) rose over 3%.

The sudden rally in the AI segment of the cryptocurrency space was driven by AI giant Anthropic's confidential IPO filing with the U.S. Securities and Exchange Commission (SEC) on June 1. It is reported that Anthropic's annualized revenue in May this year exceeded $47 billion, nearly a five-fold increase from the $10 billion at the beginning of last year, with market expectations suggesting its valuation will reach the $1 trillion mark, rivaling OpenAI.

It should be emphasized that Worldcoin's rise did not just start today; it has been climbing for five consecutive days. Beyond the premium boost from the macro AI sector, Worldcoin itself has seen "breakout applications" in the physical world. On May 28, World Network announced a deep strategic partnership with the legendary global rock band "Thirty Seconds to Mars" to provide the World ID (iris verification) system for its world tour, creating a humans-only ticket purchasing channel to effectively solve the issue of popular concert tickets being instantly snapped up by scalper software.

This cross-sector collaboration has shown Wall Street institutions and retail investors alike that WLD is not just an AI hype coin, but an indispensable infrastructure for future Web3 decentralized identity (DID), attracting capital inflows that have pushed its price higher. However, WLD has now entered a technical resistance zone. The $0.45 level, which served as support from last November to February this year, has now turned into resistance and will exert downward pressure on the rally. Nevertheless, if it can break through and stabilize above this level, it is expected to rise to $0.65.

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WLD Price Chart, Source: TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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