Worldcoin Jumps 23% as World ID Launches in Three New Nations

The price of Worldcoin surged by 23%, reaching $2.14, outperforming all top 100 cryptocurrencies in 24-hour gains.
This increase in WLD value coincided with Worldcoin’s expansion of its World ID into Guatemala, Malaysia, and Poland.
WLD has seen a significant rise since rebounding from a low of $1.35 on September 6.

Worldcoin (WLD) exhibited remarkable gains, ranking as the top performer among the 100 largest cryptocurrencies by market cap on Wednesday with a price increase exceeding 23% within 24 hours.

The token peaked at an intraday value of $2.14, marking its highest price since August 1, 2024. This latest increase follows a rebound from the September 6 low of $1.35.

The price gains allowed the WLD token to surpass Sei (SEI), Popcat (POPCAT), and Starknet (STRK) among the top 100 by market cap. At the time of writing, SEI and POPCAT were also experiencing decent increases, up by 18.8% and 12.5% respectively.

In comparison, STRK rose by 8.5%. Starknet’s gains were attributed to the announcement of the launch of phase one of its staking program for their zero-knowledge layer 2 network.

Worldcoin Expands World ID Verification

On September 25, the Worldcoin team announced the launch of three new World ID verification programs in Guatemala, Malaysia, and Poland.

1 week, 3 World ID verification launches pic.twitter.com/CwwNPNUPzh

— Worldcoin (@worldcoin) September 25, 2024

This expansion contributes to the increasing number of countries where the World ID—a digital passport associated with AI developed by the project—is accessible. Worldcoin’s venture into these nations follows its previous expansion in Europe in July.

On September 19, the project announced the beta release of Face Auth, a feature enabling individuals to prove their humanness online.

Worldcoin describes Face Auth as providing a “private 1:1 face comparison” that only allows individuals verified through a Worldcoin orb to utilize the feature.

Earlier this month, interoperability platform Wormhole integrated World ID on Solana, allowing for authentication of users’ World IDs that were first validated on Ethereum.