riseThe price of Worldcoin (WLD) is on the rise, surging an impressive 44.31% in the last 24 hours to reach $3.14. This significant jump places WLD among the top performers in the cryptocurrency market today.
The surge is accompanied by a major rise in trading activity, with the 24-hour trading volume up by a staggering 161.16%. This surge in volume, currently at $888 million, indicates a surge in investor interest in Worldcoin.
Further bolstering the bullish sentiment, WLD’s market capitalization has also skyrocketed by 47.39% to $886 million. This impressive rise positions Worldcoin as the 82nd largest cryptocurrency by market cap.
Analysts attribute this surge to a recent announcement by the Worldcoin team regarding an upcoming token unlock. Scheduled for July 24th, the unlock will release tokens to both WLD investors and members of the Tools for Humanity (TFH) project. Notably, 80% of the holdings belonging to TFH team members are slated for unlock.
However, there’s a unique twist to this unlock. The Worldcoin team revealed that most of the distributed tokens will be awarded based on users’ unique identities, furthering the project’s core ideal of global human verification.
Worldcoin, co-founded by OpenAI CEO Sam Altman, aims to establish a global, inclusive economy. This ambitious project, focused on development and human-based verification using cryptocurrency, has garnered significant attention within the industry. The recent price surge and upcoming token unlock suggest growing confidence in Worldcoin’s potential, making it a cryptocurrency to watch in the coming days.
Worldcoin (WLD) is experiencing a stellar day, skyrocketing 44% in value to hit $3.14. This surge coincides with a major announcement from the Worldcoin team regarding a token unlock scheduled for later this month. The unlock will distribute tokens to investors and project team members, with a unique focus on rewarding users for their unique identities.
This development, coupled with a significant rise in trading activity and market cap, has fueled a bullish sentiment for WLD. With its focus on human-based verification and a global inclusive economy, Worldcoin is a cryptocurrency worth keeping an eye on, especially as the token unlock approaches.