![]() The project involves a privacy-preserving digital identity, World ID, which is proof of being a real and unique person online. “More than three years ago, we founded Worldcoin with the ambition of creating a new identity and financial network owned by everyone,” wrote co-founders Sam Altman and Alex Blania in the company letter. Then on Monday, Worldcoin announced on Twitter that it had launched its mainnet and WLD token. The functionality was also blocked in the app with the message, “It's time. The company started ramping up expectations on Twitter over the weekend before its launch, with users prompted to update the mobile app. Worldcoin: Scan Your Iris in Exchange for Tokens While a new shiny thing for crypto to focus on, WLD comes with centralization and privacy implications, which has the market criticizing the project. This puts the current FDC (Fully Diluted Valuation) at $20.2 bln. ![]() However, it's important to note that only 1% of the token supply, about 107 million out of the 10 billion, is circulating in the market. Centralized crypto exchanges (CEXs) Huobi, OKX, KuCoin, Bybit, WOO X, MEXC, Bitget, and Gate.io have already started allowing trading for the coin along with the decentralized exchanges (DEXs) Uniswap. The trading pair WLD/USDT on Binance still accounts for 42.77% of all Worldcoin trading volume.īesides Binance, several other major exchanges listed the token on the same day of its launch. These gains came after the world's largest crypto exchange Binance listed the token, where the token price went as high as $0.5290. But with all the market attention on WLD, it went to hit $3.30 but is down 38.88% since then, as per CoinGecko. ![]() On Monday, the starting price of the coin was $0.15. But one coin defied market momentum with everyone's eyes on the freshly launched Worldcoin (WLD).Īt the time of writing, the $218 million market cap token has been trading at $2.09, down 22.7% in the past 24 hours while managing $477 mln in trading volume. The entire cryptocurrency market remains red on Tuesday, with Bitcoin trading at $29,185 and Ether exchanging hands at $1,855, with the total market cap down at $1.22 trillion. ![]()
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