The global cryptocurrency market is showing significant growth, particularly with Bitcoin's performance. Worldcoin (WLD) stands out, achieving remarkable milestones thanks to recent announcements.

Crypto Market Achievements

In October, Bitcoin (BTC) surpassed $68,000 and is eyeing $70,000. Meanwhile, Worldcoin (WLD) has climbed over 14% in the past 24 hours, achieving $2.42 with a market cap of $1.32 billion.

Rebranding and World Chain Launch

At the 'A New World' event held yesterday with Sam Altman's participation, Worldcoin announced two major updates: rebranding to simply 'World' and the launch of its Layer 2 blockchain network called World Chain. The launch is supported by notable platforms such as Optimism, Alchemy, Uniswap, Safe, Dune Analytics, and Etherscan. World Chain natively integrates World ID, giving all verified users prioritized access to blockspace.

Ambitious Targets for Worldcoin

With bullish sentiment prevailing as we approach the fourth quarter, analysts believe Worldcoin could see significant price movements. According to trader Mir Muneeb, WLD could realistically reach targets of $6.04 and even $10.73 in the near future, which is especially intriguing considering WLD has already hit an all-time high of $11.82 this year.

With the launch of World Chain and rebranding, Worldcoin shows its ability to attract investor attention even in the volatile cryptocurrency sphere. The future developments in the market remain to be seen.