WorldCoin price rose 23% to $2.14, outperforming all of the top 100 coins by market cap in a 24-hour period. WLD price surged after WorldCoin expanded its WorldID to Guatemala, Malaysia and Poland. WLD has surged since bouncing off a low of $1.35 on September 6th.
The price of WorldCoin (WLD) saw the biggest gain among the top 100 cryptocurrencies by market cap on Wednesday, surging more than 23% in 24 hours.
The token's value hit an intraday high of $2.14, its highest since August 1, 2024. The latest rise follows a bounce from a low of $1.35 reached on September 6.
This increase has put WLD token above Sei (SEI), Popcat (POPCAT), and Starknet (STRK) in the top 100 by market cap. SEI and POPCAT tokens are up double digits at the time of writing, recording 18.8% and 12.5% ​​growth respectively.
Meanwhile, STRK rose 8.5%. In the case of Starknet, the gains came after the zero-knowledge Layer-2 network announced that phase 1 of staking has begun.
WorldCoin Expands World ID Authentication
On September 25, the WorldCoin team announced that it had launched new WorldID certifications in three countries: Guatemala, Malaysia, and Poland.
Three World ID verifications launching in one week 🇬🇹🇲🇾🇵🇱 pic.twitter.com/CwwNPNUPzh
— World Coin (@worldcoin) September 25, 2024
The expansion will allow more countries to use World ID, the project's AI-related digital passport, and WorldCoin's entry into these countries follows the company's expansion into Europe in July.
On September 19, the project announced the trial operation of a new feature called “Face Auth” that allows users to prove they are human online.
According to Worldcoin, Face Auth offers “private 1:1 facial comparison,” a feature that is only available to individuals who have verified their World ID using a Worldcoin orb.
Earlier this month, interoperability platform Wormhole integrated World ID into Solana, enabling developers on layer-1 blockchains to authenticate users’ World IDs, which were initially verified on Ethereum.