Worldcoin (WLD) is a cryptocurrency project focused on digital identity and global financial inclusion. It aims to create a universal digital identity system through unique human verification, distributing its native WLD token to verified users. This article provides an in-depth look at Worldcoin’s current price, market performance, and essential project insights.
Current WLD Price and Market Performance
As of the latest data, Worldcoin (WLD) is trading at approximately $0.9062. Here’s a breakdown of its recent market performance:
- 24-hour Low/High: $0.9055 / $0.977
- Market Cap: $1,534,088,248 (approximately 14,109 BTC)
- 24-hour Trading Volume: $122,816,720 (around 1,129.54 BTC)
- Fully Diluted Valuation: $9,062,000,000
These metrics indicate WLD’s current standing in the cryptocurrency market, reflecting both its liquidity and investor interest.
What Is Worldcoin (WLD)?
Worldcoin is an innovative blockchain-based project co-founded by Sam Altman. Its mission is to provide a universal digital identity system, known as World ID, and to distribute WLD tokens globally as part of a broader effort to promote financial inclusivity. The project uses a physical device called the "Orb" to verify human uniqueness through iris scanning, ensuring fair and widespread token distribution.
WLD operates on the Ethereum blockchain as an ERC-20 token, benefiting from the security and flexibility of the Ethereum network.
Key Features of Worldcoin
- Digital Identity (World ID): A privacy-preserving proof of personhood that helps distinguish humans from AI online.
- Global Distribution: WLD tokens are distributed to individuals who verify their identity through the Orb.
- Financial Inclusion: The project aims to provide economic opportunity and access to the global digital economy.
- Decentralized Governance: Future plans include community-led decisions regarding the protocol’s development.
Factors Influencing WLD’s Price
Cryptocurrency prices are highly volatile and influenced by numerous factors. For WLD, these include:
- Adoption Rate: The number of users verifying their World ID and claiming WLD tokens.
- Market Sentiment: News, social media trends, and overall crypto market conditions.
- Regulatory Developments: Government policies regarding digital identity and cryptocurrency.
- Technological Updates: Improvements or issues related to the Orb hardware or World ID software.
- Macroeconomic Trends: Broader economic factors affecting investor behavior in digital assets.
It’s important to note that cryptocurrency investments carry risks, and prices can fluctuate significantly in short periods.
How to Track Worldcoin (WLD) Price
Staying updated with real-time price data is essential for anyone interested in WLD. Many platforms offer live charts, historical data, and technical analysis tools. These resources help investors and enthusiasts make informed decisions based on market trends.
👉 Track real-time cryptocurrency metrics
When monitoring prices, consider using reputable sources that provide accurate, up-to-date information without promotional bias.
Frequently Asked Questions
What is Worldcoin’s main purpose?
Worldcoin aims to create a global digital identity system (World ID) and distribute cryptocurrency (WLD) fairly to verified humans. The goal is to enhance online identity verification and promote financial inclusion.
How does Worldcoin verify users?
Worldcoin uses a device called the Orb to scan irises and verify that each user is a unique human. This biometric data is used to generate a secure World ID without storing personal information.
Where can I buy WLD tokens?
WLD is available on several major cryptocurrency exchanges. Always use well-known platforms with strong security measures, and consider storing your tokens in a secure wallet.
What is the total supply of WLD?
The total supply of WLD tokens is designed to be distributed over time to verified users. The fully diluted valuation reflects the total value if all tokens were in circulation.
Is Worldcoin available worldwide?
Worldcoin is expanding globally but may not be available in all countries due to local regulations. Check the official Worldcoin website for the latest availability information.
How often is WLD distributed to users?
Distribution frequency may vary based on network rules and verification milestones. Users typically receive WLD tokens after completing identity verification with the Orb.
Conclusion
Worldcoin represents an ambitious intersection of digital identity and cryptocurrency. Its native token, WLD, has gained significant market attention due to the project’s innovative approach and global goals. While price volatility is inherent to cryptocurrencies, understanding Worldcoin’s technology, use cases, and market position can help you navigate its potential.
For those interested in following WLD’s price movements and overall market performance, using reliable tracking tools is essential. 👉 Explore advanced market analytics
Remember, investing in cryptocurrencies involves risk. Always conduct thorough research and consider your financial situation before making investment decisions.