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The cryptocurrency of the developer of the most famous artificial intelligence grew by 11% per day

11:37 am, July 27, 2023

The digital coin Worldcoin (WLD) became the most discussed crypto asset of the week. Crypto enthusiasts, traders, and investors both criticized and admired Sam Altman’s project. Meanwhile, over the past three days, the token’s price has been highly volatile. Yesterday alone, the asset grew by 11% and traded at $ 2.35.

The WLD virtual coin was in the trends of analytical trackers CoinMarketCap and CoinGecko. The cryptocurrency’s capitalization reached $ 257.99 million, which allowed it to rise to 114th place in the list of the best. The daily trading volume lost 10.5% and dropped to $ 369.26 million.

It should be noted that at its peak, Worldcoin (WLD) was trading at $ 3.58. This was the first time the coin was listed on the world’s largest cryptocurrency exchanges. However, just within a day, the price of WLD fell to $ 1.92, which caused a flurry of disappointment among traders. Many of them said that this scenario occurred because of criticism of the project concept.

Even Ethereum co-founder Vitalik Buterin spoke about this. The developer noted that he sees significant risks associated with the Worldcoin product. According to him, the technology that allows scanning the iris and thus identifying people is still far from perfect. Buterin emphasized that many people do not understand what they are dealing with, and this poses serious threats to privacy and security.

We would like to add that Worldcoin (WLD) has provoked queues for eye scans all over the world — people want to get tokens for free. The greatest excitement is recorded in the UK, Japan, and India. The number of people who have joined the crypto boom has reached 2 million in 120 countries.

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