Worldcoin soared as World ID expanded to three more countries.
The price of Worldcoin rose by 23% to $2.14 and outperformed all the top 100 coins by market value in 24 hours. WLD's price jump comes as WorldCoin expands its World ID to Guatemala, Malaysia and Poland. WLD rallied after rising from a low of $1.35 on September 6.
Worldcoin (WLD) was the biggest gainer among 100 cryptocurrencies in the market on Wednesday, rising more than 23% in 24 hours.
The token's price reached an intraday high of $2.14, the highest level since August 1, 2024. The recent rally followed a rebound from the September 6 lows of $1.35.
The findings saw the WLD token outpace Sei (SEI), Popcat (POPCAT) and Starknet (STRK) in the top 100 by market cap. SEI and POPCAT tokens are up by double digits at the time of writing, posting 18.8% and 12.5% respectively.
Meanwhile, STRK increased by 8.5%. For StarNet, the profit came when it announced that Phase One of its zero-knowledge Layer 2 network has now gone live.
Worldcoin expands the world's identity verification
On September 25, the Worldcoin team announced the acquisition of three new World ID certificates in Guatemala, Malaysia and Poland.
1 week, 3 world ID verification started 🇬🇹🇲🇾🇵🇱 pic.twitter.com/CwwNPNUPzh
— Worldcoin (@worldcoin) September 25, 2024
The expansion is increasing the number of countries where World ID, the project's AI-related digital passport, is available. WorldCoin's entry into these countries comes on the back of the company's European expansion in July.
On September 19, the project announced the pilot launch of Face Auth, a new feature to authenticate humans online.
According to Worldcoin, Face Auth provides “personal 1:1 face matching”. This feature can only be used by individuals who verify their World ID using the WorldCoin Orb.
Earlier this month, the communication platform Wormhole integrated World ID on Solana, allowing developers on the Layer-1 blockchain to first verify users' World IDs on Ethereum.
