Price Surge and Token Unlocking:Worldcoin’s $WLD token surged 15% following news of extending lockups for early investors and team members from three to five years. This aligns with the project's focus on long-term sustainability. A daily unlock rate of 2 million WLD ($4.8 million) is set to begin on July 24, 2024.

Expansion and Developments

Worldcoin is expanding globally, with World ID orb verifications launching in Ecuador and operations resuming in Kenya.

Global Identity Network

Worldcoin aims to create a global financial and identity network. Users obtain a World ID by scanning their iris with the Orb, ensuring privacy and security.

WLD Token is Worldcoin's native cryptocurrency, integral to its ecosystem for transactions and identity verification.

Price Change Analysis

The price increase is linked to the extended lockup period, boosting investor confidence in the project's sustainability. Expansion into new regions like Ecuador and Kenya has also fueled bullish momentum.

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*this post is only for information not an investment advice*