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Home»TRADING NEWS»World Coin (WLD) price surges due to increase in users
TRADING NEWS

World Coin (WLD) price surges due to increase in users

By Crypto FlexsJanuary 1, 20242 Mins Read
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World Coin (WLD) price surges due to increase in users
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  • WLD price rises 10% as Worldcoin launches verification in Singapore.
  • Worldcoin has also reached 5 million users and 30 million transactions through World ID-compatible wallets.
  • World Coin price reached an all-time high of $4.69 on December 17.

Worldcoin (WLD) is up more than 10% in the last 24 hours, hitting a high of $3.96 in an attempt by the bulls to reclaim the $4.00 region. WLD is trading at around $3.81, with a gain of 55% over the past 30 days.

According to CoinGecko data, at the time of writing, the WLD price was about 18% below the ATH $4.69 it reached on December 17th.

Worldcoin expansion continues with launch in Singapore

WLD’s latest uptick comes after the recent launch of World ID 2.0 and the open source of the Worldcoin iris recognition pipeline. World ID 2.0 introduces apps that can integrate with Reddit, Shopify, Telegram, etc. for online account verification.

On December 27, Worldcoin announced that World ID authentication is now available to the public in Singapore. The announcement highlighted that the project continues to expand across Asia, Europe and South America. Worldcoin said more than 200,000 Chileans have signed up for World ID since the project launched in Chile.

However, Orb verification was recently halted in Brazil, adding to the hurdles faced by Kenya, Germany, and France. However, although Worldcoin is still under regulatory scrutiny in various jurisdictions around the world, growth indicators are positive.

In particular, the blockchain platform’s wallet World App has surpassed 5 million users. By mid-December, Worldcoin had 1 million weekly active users.

Launched in July, the project has recorded more than 30 million transactions and has 350,000 daily active users.


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