Worldcoin grew by 28% per day

The cryptocurrency of OpenAI co-founder Sam Altman, Worldcoin WLD $2.30 Worldcoin -0.99% Market capitalization $1.51 billion VOL. 24 hours $0.12 billion , has increased in value by 28% over the past day. The growth of the virtual asset is driven by the expansion of the World ID project and the entry of the service into the markets of more than 40 countries.

It is reported that the World ID biometric identity verification system has been launched in Austria, Poland, and Costa Rica, and is also actively developing in Latin America — Colombia, Ecuador, and Guatemala.

Over the past day, the project’s cryptocurrency (WLD) has shown impressive dynamics, fluctuating between $ 2.12 and $ 2.83.

At the time of writing, the Worldcoin rate has reached $ 2.35, the market capitalization is $ 1.49 billion, and daily sales are at $ 1.65 billion.

It is noted that the value of the cryptocurrency is 38% higher than the support level and 66% higher than a week ago.

According to analysts, there has been a significant increase in trading activity — trading volume has increased by 76.56%, and open interest has also increased by 38.51%, indicating an influx of new funds into the market.

It is reported that the activity of institutional investors is particularly noteworthy, as the volume of transactions over $ 100,000 reached $ 236.93 million last week.

Experts predict the possibility of reaching the $ 3.00 mark if the current dynamics continues, although they do not rule out a possible correction with a decrease in buying pressure.