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Worldcoin soars as World ID expands to three more countries

Worldcoin soars as World ID expands to three more countries

CoinjournalCoinjournal2024/09/25 20:36
By:Coinjournal
  • Worldcoin price rose 23% to hit $2.14 and outperform all top 100 coins by market cap by 24-hour gains.
  • The jump in WLD price came as Worldcoin expanded its World ID to Guatemala, Malaysia and Poland.
  • WLD has spiked since bouncing from lows of $1.35 on Sept. 6.

Worldcoin (WLD) price traded as the largest gainer among cryptocurrencies in the top 100 by market cap on Wednesday as its price soared more than 23% in 24 hours.

The token’s value hit an intraday high of $2.14, it’s highest level since August 1, 2024. Latest upside follows the rebound from lows of $1.35 reached on September 6.

The gains saw the WLD token outpace Sei (SEI), Popcat (POPCAT) and Starknet (STRK) in the top 100 by market cap. SEI and POPCAT tokens were double digits higher at the time of writing, posting 18.8% and 12.5% respectively.

Meanwhile, STRK was up 8.5%. For Starknet, gains came as the zero-knowledge layer 2 network announced phase one of its staking was now live.

Worldcoin expands World ID verification

On Sept. 25, the Worldcoin team announced that it had achieved three new World ID verification launches in Guatemala, Malaysia and Poland.

1 week, 3 World ID verification launches 🇬🇹🇲🇾🇵🇱 pic.twitter.com/CwwNPNUPzh

— Worldcoin (@worldcoin) September 25, 2024

The expansion adds to the growing number of countries where the World ID, the project’s AI related digital passport, are available. Worldcoin’s entry into these countries comes on the back of the company’s expansion in Europe in July.

On Sept. 19, the project announced its test launch of Face Auth, a new feature that allows for proof of humanness online.

According to Worldcoin, Face Auth offers a “private 1:1 face comparison.” With this feature, only individuals who verify their World IDs using a Worldcoin orb can use it.

Earlier this month, interoperability platform Wormhole integrated World ID on Solana , allowing developers on the layer-1 blockchain to authenticate users’ World IDs initially verified on Ethereum.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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