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The former leader of AI WLD has shown strong performance in the past few days, despite the previous fall being a result of panic caused by factors such as unlocking, its essence remains very strong in the AI zone. This afternoon, Eightco plans a private sale worth 2.5 million Dollar to create a Worldcoin reserve, and has secured a strategic investment of 20 million Dollar from BitMine.
According to a CNBC report, Dan Ives, the head of global technology research at Wedbush Securities, has joined a new company focused on storing Worldcoin(WLD). Currently, the small company Eightco Holdings, which trades on Nasdaq under the stock symbol "OCTO", announced on Monday that Dan Ives has taken the position of Chairman of the Board of the company. The company also announced that it will conduct a private sale worth 250 million Dollar to implement a buying strategy around the WLD token and make it a primary reserve asset. These issuances are expected to conclude around September 11, as the company plans to change its stock symbol to "ORBS".
Eightco announced on Monday that BitMine has also invested 20 million Dollar in Eightco, marking the beginning of its "fall plan" strategy, which aims to support innovative ideas that can enhance the Ethereum ecosystem.
Under these positive circumstances, if the market does not experience any major fall, there is still hope that WLD will continue to rise. We will see if it can surpass the previous peak level of 1.648 in the next two days; if that is surpassed, we can look forward to the level of 2, and we hope it lasts longer.