Unprecedented Growth
Worldcoin (WLD) has been on a remarkable journey of growth, reaching a new all-time high on February 19, 2024, with a trading price peaking at $7.57 before stabilizing at $7.27. The surge represents a staggering 673% increase since its low in September 2023, showcasing the digital asset’s robust recovery.
Record-Breaking Statistics
The last week alone has seen Worldcoin’s value soar by nearly 193%, with a 41% increase in the past 24 hours. The market capitalization now stands at an impressive $950.8 million, complemented by a trading volume that echoes this sentiment at $966 million. Out of the 10 billion tokens, there are currently 130,724,553 WLD coins circulating in the market.
A Milestone in User Adoption
One of the key drivers behind this exponential growth is the reported milestone of exceeding 1 million daily active users on the World App crypto wallet, an achievement that has undoubtedly contributed to Worldcoin’s rising popularity and demand.
Innovation and Regulatory Challenges
Worldcoin’s team continues to innovate, recently announcing the upcoming release of the second version of their Orb device, aimed at scanning the iris for secure user identification. However, the path to success is not without its hurdles, as the startup grapples with regulatory pressures in various countries, including France, Kenya, Hong Kong, and Argentina.
OpenAI’s Connection and Advancements
In a notable collaboration, the WorldCoin co-founder Sam Altman’s connection to OpenAI has borne fruit with the unveiling of Sora, a neural network capable of generating short videos from text. This technological leap forward by OpenAI aligns with Worldcoin’s vision of leveraging AI to enhance the cryptocurrency ecosystem.
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