- Eightco announced a $270 million fundraising round to finance the first-ever Worldcoin treasury.
- An analyst predicts a 93% chance of Dogecoin ETF approval this week.
- FLOCK soars after listings on Upbit and Coinbase.
Altcoins showed mixed performance on Tuesday as the broader market remained range-bound.
Worldcoin, Dogecoin and Flock.io dominated both fundamental and technical narratives over the past 24 hours.
Eightco’s bold shift into Worldcoin
WLD traded higher today after jumping more than 50%.
It hovered around $1.92, with a 240% increase in 24-hour trading volume that confirms heightened market activity.
The altcoin turned bullish after public company Eightco confirmed a $250 million private placement dedicated to a Worldcoin (WLD) treasury strategy.
The firm said it will use proceeds from the placement to buy tokens, planning to make Worldcoin a core asset on its balance sheet.
Meanwhile, Worldcoin has faced criticism over its biometric verification process, which requires iris scans.
The team argues that the model ensures security and aligns with accelerating artificial intelligence technologies.
Commenting on their pivot to Worldcoin, Eightco’s new CEO Dan Ives said:
The future of AI requires the world to lead in this AI-driven fourth industrial revolution. Worldcoin is the internet of people. While AI gives us endless abundance, Worldcoin gives us trust and authentication at scale.
For context, Worldcoin was rebranded to World in August 2024.
DOGE ETF approval looming?
Dogecoin led meme-coin headlines again, this time with developments suggesting it may enter the regulated financial ecosystem.
According to Santiment analyst Brian Quinlivan, there is a 93% chance that Rex-Osprey’s Dogecoin ETF will be approved and launched in the U.S. this week.
📊🐶 There is a reported 93% likelihood that the first Dogecoin ETF will be confirmed this week. Our latest insight breaks down how whales are behaving on this news, and how retail FOMO can and will impact an approval rally. 👇https://t.co/vNnl5hjg8I pic.twitter.com/mz9OJEb6t4
— Santiment (@santimentfeed) September 9, 2025
A Bloomberg ETF analyst made similar remarks last week, potentially fueling speculation.
If approved, it would be the first DOGE-focused exchange-traded fund on the U.S. market.
The original meme token traded around $0.2472 after rising 4% over the past day.
While current indicators point to potential short-term rallies, sustained institutional demand remains key to elevating Dogecoin beyond its meme status.
Nasdaq-listed CleanCore revealed a Dogecoin treasury worth $175 million last week, while Bit Origin confirmed plans to accumulate $500 million in DOGE.
Rex-Osprey’s recent DOGE ETF filing has drawn particular attention.
If approved, the ETF would allow institutional investors to gain exposure to the meme token through brokerage accounts.
That matters for market participants seeking crypto exposure without the technical hurdles of custody, holding, or extreme volatility.
A Dogecoin ETF would likely trigger significant upside for the altcoin.
It could also pave the way toward the much-discussed $1 milestone in the months ahead, particularly if other firms adopt similar crypto treasury strategies.
FLOCK surges 150%
FLOCK led today’s market winners with a price increase of more than 150% in the last 24 hours.
The sharp rally followed the decentralized AI trading platform’s key listings on major exchanges Upbit and Coinbase.
The token recorded a dramatic spike after the listings before pulling back to $0.4354.
At the same time, a 3,000% increase in 24-hour trading volume signals strong enthusiasm, likely driven by Coinbase and Upbit communities interacting with the newly listed token.
Still, FLOCK’s massive volatility suggests the possibility of further pullbacks as the initial hype cools and the token seeks a sustainable price trajectory.