WLD skyrockets by 180% in week, surpassing 1m daily active users

Over the past two weeks, Worldcoin (WLD) has seen impressive growth. On Feb. 19, 2024, the asset hit a new all-time-high and is now trading at $7.27.

Over the past 24 hours, the price of the Worldcoin token has increased by more than 40%, setting a record at $7.57.

At the time of writing, WLD is trading at $7.27, the highest level in the project’s entire history. This is 673% more than in September 2023, when the asset fell to a historic low.

Over the past 24 hours, the coin’s value has increased by 41%. On a weekly basis, the growth amounted to 192.6%.

WLD’s capitalization is currently $950.8 million, and its trading volume is $966 million. There are 130,724,553 coins in circulation out of a total supply of 10 billion tokens.

The jump in the asset’s price occurred against the backdrop of the team’s publication that the number of daily users of the World App crypto wallet exceeded 1 million.

In addition, on Feb. 16, the company connected to WorldCoin co-founder Sam Altman, OpenAI, also unveiled a neural network called Sora. The artificial intelligence (AI) model allows to generate videos up to 60 seconds long from a given text.

In January, the Worldcoin team announced that it was preparing to release the second version of the Orb device for scanning the iris of the eye. Despite this achievement, the startup constantly faces regulatory pressure in various countries around the world, for instance, in France, Kenya, Hong Kong, and Argentina.