"Hotter than Bitcoin"...Worldcoin, 11% rally stirs weekend market

▲ Worldcoin (WLD)/AI generated image

Worldcoin (WLD), a project related to Sam Altman, surged by double digits in a single day, drawing more attention from the weekend market than Bitcoin (BTC), which is aiming to recover to $74,000.

According to crypto media outlet Cryptopotato on May 31 (local time), the cryptocurrency market showed a relatively calm trend over the weekend after a volatile week. Bitcoin attempted to recover its short-term key resistance level, and some altcoins recorded strong daily gains, led by Worldcoin's double-digit increase.

Bitcoin aimed to recover to around $74,000 with no significant fluctuations in weekend trading. According to the article, Bitcoin rose by approximately 0.5% in the last 24 hours, showing a move to reverse some of the losses after last week's market-wide correction.

The total cryptocurrency market capitalization remained around $2.58 trillion according to CoinGecko, and Bitcoin's dominance exceeded 57%. However, as Donald Trump stated that there is no deadline for an agreement with Iran, macro uncertainty remained a burden on the market for the time being.

In the altcoin market, individual assets showed widely divergent trends. Worldcoin surged by approximately 11% to around $0.33, highlighting its connection to Sam Altman's project. Among the top 100 cryptocurrencies by market capitalization, Venice Token (VVV), Humanity (H), and Midnight also showed clear upward trends.

Among major altcoins, BNB and TON also showed strong performance, rising by over 7%. In contrast, Monero (XMR) fell by approximately 8%, showing the weakest performance among the top 100 cryptocurrencies, while most major altcoins remained within relatively limited fluctuations. The weekend cryptocurrency market saw a clearer differentiation among assets, driven by Bitcoin's attempt to recover to $74,000 and Worldcoin's sharp rise.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*