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Worldcoin Price Rises on New Quantum Security Commitment

The price of Worldcoin has increased by 16% in the last 24 hours following the launch of its anonymous multi-party computation (APMC) initiative. The project includes contributions from Nethermind, the University of Erlangen-Nuremberg (FAU), and UC Berkeley's Center for Responsible Decentralized Intelligence (RDI).

The Korea Advanced Institute of Science and Technology (KAIST) and the Peruvian University of Engineering and Technology (UTEC) are also participating in the project. The APMC launch is designed to strengthen Worldcoin's quantum-secure technology and accelerate the cryptocurrency's growth.

Worldcoin Holders Are Bullish

Long-term investors (LTHs) are showing renewed determination. MCA data shows a clear preference for holding over selling. This behavior reflects growing confidence in the future of WLD, particularly as large institutions support its security-focused developments.

The steady increase in MCA suggests that determined investors are not only holding their positions but also expanding them. Such behavior strengthens the foundation of WLD's current recovery.

On-chain activity also supports Worldcoin's overall momentum. The Chaikin Money Flow (CMF) indicator has seen a sharp increase in recent sessions, indicating strong inflows into the cryptocurrency. A positive CMF indicates sustained demand that could extend the rally.

The timing directly coincides with the APMC announcement, which appears to have triggered buying interest. By pushing the CMF well above the zero line, this development confirms a bullish stance for WLD in the short term.

WLD Price Could Continue to Rise

WLD has emerged as one of the best-performing altcoins, rising almost 16% in the last 24 hours. The altcoin is trading at $1.06, with $1.08 acting as a significant barrier that could shape the price's immediate direction.

The factors mentioned above suggest that WLD could successfully break above $1.08 and reach a monthly high on its way to $1.11. This could boost investor sentiment and potentially attract more capital to the asset.

On the other hand, profit-taking could reverse the recent rally. If selling pressure intensifies, WLD could pull back to $1.03 or drop to $0.96, erasing recent gains and invalidating the bullish thesis.