Recently, as the world's first Nasdaq-listed company with a WLD strategic reserve, Eightco announced that it will change its stock code to ORBS. The company provides a device called Orb for iris verification in the World ID system.

The stock price of Eightco has experienced significant volatility in the past few days. On September 8, its stock price briefly climbed to a high of $83. However, just three trading days later, the stock price plummeted by about 78% and is currently hovering around $18.

This sharp price fluctuation has sparked discussions in the market about the actual value of Eightco. Some analysts believe that, considering the company's actual business and market prospects, a reasonable stock price for Eightco may be between $2 and $4.

This event highlights the common high volatility of emerging tech companies in the stock market and reflects varying investor opinions on the prospects of iris recognition technology in the field of identity verification. With the growing demand for digital identity verification, Eightco's future development will continue to be closely watched by the market.