Binance will launch Worldcoin (WLD) perpetual contracts on October 2, with up to 20x leverage for traders.
Worldcoin's price surged 27% in a week, reaching $2.10, with a monthly increase of 40%.
A major Worldcoin token unlock is set for September, part of a $2 billion unlock across multiple cryptocurrencies.
Binance has revealed plans to launch a Worldcoin (WLD) perpetual contract on its futures platform. Trading will begin on October 2, allowing users to trade WLD with up to 20x leverage. This announcement comes during a significant price surge for WLD, which has risen by 27% over the past week.
The new WLDUSD COIN-M perpetual contract will offer traders the opportunity to leverage their positions, giving them more flexibility in how they trade the asset. However, Binance clarified that multi-assets mode will not be available for Worldcoin, and the contract’s tick size is set at 0.0001.
Worldcoin Token Unlock and Price Momentum
In addition to the Binance contract launch, Worldcoin is preparing for a major token unlock this September valued at $58 million. This event is part of a $2 billion wave of token unlocks across several cryptocurrencies, including Solana.
The token unlock could increase the number of WLD in circulation, possibly impacting its price in the short term. However, strong market demand continues to drive optimism around the token's future.
Worldcoin’s price has reached a high of $2.10 today, after hitting a weekly high of $2.17. The token has shown a 27% rise over the past week, while its monthly performance boasts a 40% increase. Many investors are now keeping a close eye on Worldcoin, hoping for further gains after its Binance listing.
Will WLD Reach $100?
Some analysts believe that Worldcoin’s price could eventually hit $100, especially with the added exposure from Binance’s perpetual contract listing. While this is a bold prediction, it highlights the growing interest in Worldcoin and its potential in the market. Whether or not the token reaches this milestone depends on several factors, including demand, trading volume, and how the market responds to the upcoming token unlocks.
Binance’s decision to offer WLD perpetual contracts with 20x leverage is a major development for traders. As the token unlock nears and Worldcoin continues to gain momentum, the market outlook remains positive, signaling potential growth for WLD.
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