• Worldcoin officially launches WLD token on Optimism Mainnet
• Token gains 50% on global crypto exchanges in a day
• OpenAI CEO Sam Altman’s project targets building decentralized global identity system
Worldcoin Launches WLD Token
OpenAI CEO Sam Altman’s Worldcoin project has officially launched the WLD token on Optimism Mainnet. Three years of intense crypto market gyrations saw some of the original backers, including Three Arrows Capital and FTX’s Sam Bankman-Fried, withdrawing their support.
Woldcoin Gains 50% in 24 Hours
On-chain data from CoinGecko reveals that, since launching at a value of $1.67 per coin on July 24, 2023, at 10:20:27 GMT, the WLD token gained an impressive 20% to reach a high of $2.79 within just 15 minutes. The token is up 50% over the last 24 hours, recording an all-time high price of $3.30 before stabilizing at around $2.55 as of this writing. ByBit was among the first crypto exchanges to begin trading the token and other exchanges such as Binance, Huobi, Gate and OKX have listed it too with different pairs available for trading (WLD/USDT or WLD/BTC).
High Market Volatility
It’s worth noting that while the WLD token has experienced an impressive gain in value in under 24 hours since launch, its underlying market dynamic is highly unpredictable; it just hit an all-time low of $1.6 and an all-time high of $3.3 within this short period – its future value outlook depends on various factors including market volatility and overall project resilience .
The Goal Behind Worldcoin
The ultimate goal behind Worldcoin is to create a decentralized global identity system and build a financial system that is inclusive for everyone under one unified currency . This could be revolutionary if successful and could change how people think about money transfers across borders forever .
DailyCoin Newsletter
For those interested in staying up to date with news related to cryptos , DailyCoin offers a newsletter delivered straight to your inbox with stories quick reads with tongue-in-cheek twists suitable for everyone from crypto newbs to battle tested veterans who can easily unsubscribe at any time.