Worldcoin’s price soars as World ID expands to three more countries

Worldcoin’s price soars as World ID expands to three more countries

By Benson Toti - min read
Updated 26 September 2024
  • Worldcoin’s (WLD) price rose 23% to hit $2.14, outperforming all top 100 coins by market cap by 24-hour gains
  • The jump in WLD’s price came as Worldcoin expanded its World ID to Guatemala, Malaysia, and Poland.
  • WLD has spiked since bouncing from lows of $1.35 on September 6.

Worldcoin’s (WLD) price traded as the largest gainer among cryptocurrencies in the top 100 by market cap on Wednesday as it soared more than 23% in 24 hours.

The token’s value hit an intraday high of $2.14, its highest level since August 1, 2024. The latest upside follows the rebound from lows of $1.35 reached on September 6.

The gains saw the WLD token outpace Sei (SEI), Popcat (POPCAT), and Starknet (STRK) in the top 100 by market cap. SEI and POPCAT tokens were double digits higher at the time of writing, posting 18.8% and 12.5% respectively.

Meanwhile, STRK was up 8.5%. For Starknet, gains came as the zero-knowledge layer 2 network announced phase one of its staking was now live.

Worldcoin expands World ID verification

On September 25, the Worldcoin team announced that it had achieved three new World ID verification launches in Guatemala, Malaysia, and Poland.

The expansion adds to the growing number of countries where the World ID, the project’s AI related digital passport, are available. Worldcoin’s entry into these countries comes on the back of the company’s expansion in Europe in July.

On September 19, the project announced its test launch of Face Auth, a new feature that allows for proof of humanness online.

According to Worldcoin, Face Auth offers a “private 1:1 face comparison.” With this feature, only individuals who verify their World IDs using a Worldcoin orb can use it.

Earlier this month, interoperability platform Wormhole integrated World ID on Solana, allowing developers on the layer-1 blockchain to authenticate users’ World IDs initially verified on Ethereum.