Worldcoin Pivots to Asia as Europe Falls Out of Favor
Worldcoin is shifting its focus from Europe to Asia. The participants have the option to claim the project's cryptocurrency, WLD.
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Worldcoin is shifting its focus from Europe to Asia. The participants have the option to claim the project's cryptocurrency, WLD.
In the world of cryptocurrencies and blockchain, innovation is constant, and one of the most promising and innovative projects is Worldcoin (WLD). With a current price of $2.00 and a market capitalization of $1.0 billion, Worldcoin is focusing on creating an advanced system for identity verification and financial accessibility.
Worldcoin is shifting its focus from Europe to Asia, seeking markets more receptive to its biometric technology.
An exec said Worldcoin is seeing a “larger dynamic” in non-European countries, including those in the Asia-Pacific region and Latin American jurisdictions.
A Worldcoin executive said the company sees a “larger dynamic” in non-European countries, including those in the Asia-Pacific and Latin America regions.
Despite looking to explore other markets in both Asia and Latin America, Worldcoin remains determined to make an impact in Europe.
Sam Altman's iris-scanning project Worldcoin is reportedly shifting its focus from Europe to Asia.
Experts have issued a Worldcoin warning as the project's operator Tools for Humanity continues its expansion into Mexico.
WLD jumps 10%, but on-chain metrics raises concerns with only 11% of holder in profits.
Worldcoin (WLD) has recently encountered significant price turbulence, with its value plummeting by 24% in just a few days. Currently trading at around $1.65, the altcoin has failed to bounce back from its previous support level of $2.00.
The crypto universe is ruthless, and in recent weeks, Worldcoin (WLD) has painfully demonstrated this. Despite being backed by the CEO of OpenAI, Sam Altman, the project saw its value plummet, leaving 84% of its holders at a loss.
With Alamanda Research's FTX exchange auctioning the Worldcoin tokens, the Ethereum-based project records a sharp plunge. Notably, the exchange holds 22.3 million WLD crypto tokens worth $37 million. With a limited time to bid, interested participants are now eligible to apply.
Worldcoin's (WLD) price has faced significant price pressure recently, failing to bounce off the $2.00 support level. The altcoin is currently trading at $1.65, with consolidation appearing to be the next likely move.
The FTX estate plans to auction around 22 million Worldcoin (WLD) tokens, estimated to be worth about $38 million, on October 3.
WLD wallets in profits have decreased significantly from 23% to 6% in seven days
The FTX estate is set to auction 22 million Worldcoin tokens, valued at $38 million, on Oct. 3, with investor bids starting at $2.5 million and potential discounts of up to 75%
According to CoinGecko, Worldcoin currently has a market capitalization of approximately $792 million and a 494 million circulating supply.
Worldcoin (WLD) price has seen a sharp decline, dropping 20% in the past week amid growing bearish sentiment. Further fueling concerns, the FTX estate is set to sell a large batch of locked WLD tokens at a significant discount.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
WLD price fell over 2% when it was reported that the FTX estate was preparing to auction 22.3 million locked Worldcoin WLD tokens, valued at roughly $37.7 million, at a discount. Allegedly, this would be part of the recovery efforts that the estate had been trying to pursue for its creditors.
The FTX Estate will auction 22.3 million locked Worldcoin (WLD) tokens, valued at approximately $37.7 million, with bids due by 8 PM ET Wednesday.
The FTX estate is set to auction 22.3 million locked Worldcoin (WLD) tokens at a significant discount, sources told The Block.
WLD is set to sustain its month-long bullish trajectory.
The Personal Information Protection Commission (PIPC) slapped a fine of 1.1 billion Korean won ($850,000) on both organizations. This is for illegally gathering iris scans from nearly 30,000 people in the country.