According to U.Today, the price of Worldcoin (WLD) has experienced a significant rise, creating notable excitement in the broader cryptocurrency market. The coin has surged 44.31% to $3.14 in the last 24 hours, making it one of the best-performing assets recently. Additionally, WLD's trading activity has seen a substantial increase, with its 24-hour trading volume soaring by 161.16% to reach $888 million. This surge in volume indicates growing interest from traders in the Worldcoin market.

Amid this price surge, WLD's market capitalization has also seen a significant increase, rising by approximately 47.39% to $886 million. This growth has positioned Worldcoin as the 82nd largest cryptocurrency by market cap. These developments are considered major bullish signals for the coin.

The recent price rally of Worldcoin is attributed to a significant announcement from the project's team. They have revealed that the WLD token unlock will commence on July 24. This unlock is intended for WLD investors and official team members of the Tools for Humanity (TFH) project. Notably, 80% of the holdings of the TFH team members will be unlocked. The Worldcoin team has also extended the unlock period from three years to five years. A unique aspect of this unlock is that most of the WLD tokens are expected to be distributed to individuals for their unique nature, as stated by the team.

Worldcoin is a leading human-verification crypto-based initiative co-founded by OpenAI CEO Sam Altman. The project aims to create a global economy accessible to everyone, regardless of nationality or other status. With these aspirations, the WLD team has remained focused on development, contributing to the token's growing prominence in the industry.