Worldcoin (WLD) price increases amid user growth

WLD price increased by 10% when Worldcoin opened verification in Singapore. WorldCoin, a World ID compatible wallet, has seen more than 5 million users and 30 million transactions. Worldcoin price rose to a new all-time high of $4.69 on December 17th.

Worldcoin (WLD) has risen more than 10% in the last 24 hours, reaching a high of $3.96 as the bulls try to reclaim the $4.00 area. WLD was trading around $3.81 with a 55% gain over the past 30 days.

According to CoinGecko data, at the time of writing, the price of WLD was about 18% higher than the $4.69 ATH reached on December 17.

The expansion of Worldcoin continues with the launch of Singapore

WLD's recent rise comes after the recent launch of World ID 2.0 and the source of Worldcoin's Iris ID pipeline. It introduced World ID 2.0 apps, which allow integration with the likes of Reddit, Shopify, and Telegram to verify online accounts.

On December 27th, WorldCoin announced that its World ID verification is now open to the public in Singapore. The announcement highlighted the project's continued expansion into Asia, Europe and South America. Worldcoin claims that more than 200,000 Chileans have registered for World ID since the project launched in the country.

However, Orb approvals have recently stalled in Brazil, adding to hurdles faced in Kenya, Germany and France. But while WorldCoin still faces regulatory scrutiny in various jurisdictions around the world, growth metrics are positive.

Notably, the blockchain platform Wallet World app has crossed the 5 million user mark. By mid-December, Worldcoin had 1 million weekly active users.

Launched in July, the project has seen over 30 million transactions and counts 350,000 active daily users.