{"id":42363,"date":"2024-11-29T16:33:07","date_gmt":"2024-11-29T16:33:07","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/wld-price-soars-10-following-the-launch-of-world-id-passport-credential\/"},"modified":"2024-11-29T16:33:07","modified_gmt":"2024-11-29T16:33:07","slug":"wld-price-soars-10-following-the-launch-of-world-id-passport-credential","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/wld-price-soars-10-following-the-launch-of-world-id-passport-credential\/","title":{"rendered":"WLD price soars 10% following the launch of World ID Passport Credential"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
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Worldcoin (WLD) price has experienced a significant surge, hitting a five-month high of $3.06 before settling at its current price of $2.87, reflecting a 10.6% increase from the previous day.<\/p>\n

This surge comes in the wake of the announcement that the company is rolling out its World ID Passport Credential pilot<\/a> in select countries, bringing with it a wave of optimism among investors and analysts alike.<\/p>\n

On-chain metrics signal bullish WLD sentiment<\/h2>\n

The surge has been accompanied by a significant increase in open interest, with the futures market seeing an all-time high (ATH) of $433.9 million. <\/p>\n

Whale activity has also seen a noticeable rise, with large transactions up 55.56% in the past 24 hours.<\/p>\n

These metrics suggest a strong demand for WLD, reinforcing the idea that the token could continue its upward trajectory.<\/p>\n

Analysts are bullish on WLD\u2019s potential for further growth, with some predicting that the token could reach $12 in the coming months, supported by bullish technical patterns, including an ascending triangle and a cup-and-handle formation.<\/p>\n

These technical indicators, combined with the expanding World ID utility, suggest that WLD is poised for sustained growth, especially as investor interest continues to grow.<\/p>\n

As of now, Worldcoin remains approximately 75.7% below its all-time high (ATH) of $11.82, indicating considerable room for further gains if the current momentum holds.<\/p>\n

The World ID Passport Credential<\/h2>\n

The World ID Passport Credential, unveiled on November 28, 2024, promises to revolutionize identity verification for millions of people worldwide.<\/p>\n

The World ID Passport Credential is currently being piloted in Chile, Colombia, Malaysia, and South Korea. <\/p>\n

It allows users in these countries to link NFC-enabled passports to their World ID, thereby enabling them to claim WLD tokens without the traditional in-person iris scan via the World ID Orb.<\/p>\n

The Passport Credential adds a layer of anonymity and security to the process, as all information is securely stored on the user\u2019s device and remains private from third parties.<\/p>\n

For those who have verified their World ID or Passport Credential, the system also enables the claim of additional WLD tokens.<\/p>\n

The increased accessibility to WLD tokens is seen as a major driver behind the recent price movement, as more people can now participate in Worldcoin\u2019s growing network and claim tokens, expanding its user base.<\/p>\n

The launch of the World ID Passport Credential marks a pivotal moment in Worldcoin\u2019s evolution, potentially setting the stage for future rallies and widespread adoption.<\/p>\n<\/p>\n

The post WLD price soars 10% following the launch of World ID Passport Credential<\/a> appeared first on Invezz<\/a><\/p>\n

Source link <\/a>
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(Originally posted on : Invezz ) Worldcoin (WLD) price has experienced a significant surge, hitting a five-month high of $3.06 before settling at its current price of $2.87, reflecting a 10.6% increase from the previous day. This surge comes in the wake of the announcement that the company is rolling out its World ID Passport […]<\/p>\n","protected":false},"author":7,"featured_media":42364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[38],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/42363"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=42363"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/42363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/42364"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=42363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=42363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=42363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}