Worldcoin (WLD) has seen impressive gains, rising 10% in the last 24 hours. Increased market momentum and a growing number of active addresses, up 8%, are driving this price surge. More participants are trading WLD, adding liquidity to the coin.

Despite the sharp price rise, only 11% of WLD holders are in profit, reflecting a broader bearish sentiment. This suggests that most investors are still below their break-even point, creating market uncertainty.

While WLD's price surge has caught attention, its low profitability and bearish sentiment may limit its potential to reach the $2 mark in the near future.