en
Back to the list

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

source-logo  crypto.news 19 February 2024 07:35, UTC

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 skyrockets by 180% in week, surpassing 1m daily active users - 1
Source: CoinMarketCap

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.

World App, the first wallet built for the Worldcoin project, passed 1M daily users this week. This community is incredible 🫡 pic.twitter.com/Mf6Y51gscQ

— Worldcoin (@worldcoin) February 17, 2024

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.

Introducing Sora, our text-to-video model.

Sora can create videos of up to 60 seconds featuring highly detailed scenes, complex camera motion, and multiple characters with vibrant emotions. https://t.co/7j2JN27M3W

Prompt: “Beautiful, snowy… pic.twitter.com/ruTEWn87vf

— OpenAI (@OpenAI) February 15, 2024

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.

You might also like: Worldcoin expands World ID verifications to Singapore
crypto.news