The cryptocurrency whose value increased by more than 40% per day is named

The Worldcoin (WLD) cryptocurrency rate has shown significant growth over the past day. It jumped by 40% to $ 3.09, and the digital asset reached a market capitalization of $ 856.57 million.

Over the past 24 hours, Worldcoin’s trading volume has increased by 171.69% to $ 944.57 million. The current issue of the token is 276,883,579 WLD, and the market capitalization now exceeds $ 30 billion.

Therapid growth of the WLD price occurred after the development team announced the extension of the unlocking period for 80% of the tokens owned by the team for 3−5 years. This decision was perceived by the market as a positive signal that demonstrates commitment to the long-term goals of the project and limits the potential sales pressure from the cryptocurrency’s creators.

Worldcoin is a cryptocurrency designed to simplify and democratize access to financial services on a global scale. The main innovative element of the project is a unique identification system that uses biometric data to confirm the identity of users. The creators aim to ensure a fair distribution of tokens among all participants, regardless of their economic status or location.

The project was initiated by Sam Altman and Alex Blagna. Their goal is to create a global economy where everyone, regardless of status and country of residence, has equal access to financial resources and opportunities. Worldcoin intends to solve the problem of financial inclusion by offering users a unique combination of blockchain technologies and biometric identification.