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Worldcoin (WLD) has experienced a strong upward momentum over the past month, surging by 14.36% in 24 hours to hit a 5-month high of $2.88. This significant price pump has left analysts wondering if Worldcoin is on the verge of a sustained rally.

Key Statistics:

1. WLD's 24-hour price surge: 14.36%
2. Monthly price gain: 38.18%
3. Open interest: New ATH of $433.9 million
4. Large transactions: 55.56% increase in 24 hours
5. Daily active addresses: 8-month high of 1.5k

Analysis:

WLD's bullish momentum driven by:

1. Increased buying pressure: Surge in open interest and large transactions
2. High whale activity: 55.56% increase in large transactions
3. Strong demand and adoption: Spike in daily active addresses
4. Accumulation: Negative exchange flow balance indicates investors are holding WLD for the long term

Risks and Challenges:

1. Market volatility
2. Regulatory uncertainty
3. Potential sell-offs if investors take profits