Worldcoin (WLD) has surged 20% in the past week as its value rises ahead of token release events. From Sept. 30 to Oct. 6, $58.07 million worth of WLD tokens will be unlocked, potentially altering market dynamics. The last major unlock occurred on July 24, and WLD’s price is projected to reach $5 amid this activity.

WLD has seen a 3.34% increase in the last 24 hours, currently trading at $1.74, with fluctuations between $1.66 and $1.80. The MACD indicator signals a potential bullish trend as trading volume rises by 8.73% to $773.77 million, and open interest climbs by 1.68% to $163.49 million.

If WLD holds above $1.70, it may challenge the $2 resistance and potentially approach $3. With the upcoming token unlock, WLD could peak at $5, positioning the cryptocurrency for further growth.