Worldcoin (WLD) Experiences Price Surge Amidst Growing User Base

3:35 pm
December 31, 2023

Worldcoin (WLD) has witnessed a surge of over 10% in the past 24 hours, reaching a high of $3.96 as the bulls strive to regain the $4.00 territory. Currently, WLD is trading around $3.81, marking a 55% gain over the past 30 days.

Furthermore, CoinGecko data reveals that at present, the WLD price is approximately 18% lower than the all-time high (ATH) of $4.69 recorded on December 17.

Worldcoin’s Expansion Efforts Extend to Singapore

The recent price increase of WLD follows the launch of World ID 2.0 and the open-sourcing of the Worldcoin iris recognition pipeline. World ID 2.0 introduced Apps, enabling integrations with platforms such as Reddit, Shopify, and Telegram for online account verification.

On December 27, Worldcoin announced the availability of its World ID verification for the public in Singapore, signifying the project’s ongoing expansion in Asia, Europe, and South America. Following the project’s launch in Chile, over 200,000 Chileans have registered for World ID. However, the verification process through Orb has been halted in Brazil, presenting additional challenges in Kenya, Germany, and France.

Despite facing regulatory scrutiny in several jurisdictions, Worldcoin’s growth indicators remain positive. Notably, the Worldcoin wallet World App has surpassed 5 million users, with a weekly active user count of 1 million as of mid-December. The platform has also recorded over 30 million transactions and boasts 350,000 daily active users since its launch in July.

Frequently Asked Questions (FAQs)

What is the current price of Worldcoin (WLD)?

The current price of Worldcoin is approximately $3.81, with a recent peak of $3.96 reflecting a 10% increase in the past 24 hours.

What is World ID 2.0 and its significance for Worldcoin?

World ID 2.0 introduced Apps, enabling integrations with platforms such as Reddit, Shopify, and Telegram for online account verification. The launch signifies Worldcoin’s effort to expand its user base and adoption globally.

How many users and transactions has Worldcoin recorded since its launch?

Worldcoin’s wallet World App has surpassed 5 million users, with a weekly active user count of 1 million as of mid-December. The platform has also recorded over 30 million transactions and boasts 350,000 daily active users since its launch in July.


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