Fundstrat's Chief Investment Officer (CIO) and Wall Street strategist, Tom Lee, has voiced support for Worldcoin (WLD), emphasizing the project's key role in the age of artificial intelligence (AI).
He added that the company's effort to implement a 'unique identity proof' in the era of AI and general artificial intelligence (AGI) is 'very important'.
Lee once asserted that his Ethereum (ETH) corporate treasury, through BitMine, is driven by three key factors: stablecoin, tokenization, and AI.
Recently, he stated that Ethereum's zero-knowledge proofs (ZK) could help verify AI agents against humans and would make this network a foundational layer for AI in the future.
The converging vision with Worldcoin, supported by Lee, has kept the market sentiment for WLD at a record positive level. However, the price has not yet reflected this.
What will WLD do next?
In early September, WLD doubled after attracting a new and unique corporate treasury launched by Eightco Holdings.
The company raised $250 million, partly funded by BitMine led by Lee, which is now the largest ETH treasury company in the world.
Although network activity also surged after the update, it then declined again. However, market sentiment remains at a record positive level despite the slight price drop following the explosive 100% increase.
Additionally, one of the largest whale wallets (blue) that sold over 70 million WLD in the recent surge has eased selling pressure. This easing of pressure could create an opportunity for the bulls to test their strength in a new rally.
On the price chart, the decline has hit a golden ratio of about $1.5, increasing the likelihood that WLD will have a chance to reverse its recent losses.
A potential increase of 45% could occur if WLD regains the $2 mark and moves towards the recent peak of $2.2.
Overall, WLD remains a beta project on Ethereum and is a bet on the increasing demand for verification amid the wave of agents and AI bots. At least, according to Tom Lee's investments. However, after the recent profit-taking, this altcoin may be ready for another price increase.