$WLD
As of November 11, 2024, Worldcoin (WLD) is trading around $2.14, showing a minor increase in the past 24 hours. Despite recent fluctuations, WLD has experienced significant growth, including a 26.5% increase over the past week, partly due to an uptick in user engagement with its World App, which surpassed one million daily active users. This increase reflects Worldcoin's push to establish itself as a major player in the identity verification and universal basic income (UBI) space, offering WLD tokens to verified users on its platform. WLD's all-time high was $11.74 in March 2024, meaning it remains down from its peak.
In the long term, WLD aims to leverage its World ID protocol for broader utility in online identity verification, reducing bot traffic and potentially enabling decentralized governance mechanisms like quadratic voting. This broad applicability could help establish WLD in markets like Asia, where adoption of digital identity projects is growing.
Price predictions for WLD remain speculative, as they depend on global adoption and regulatory developments. If the token gains acceptance and World ID becomes widely used, WLD could potentially see a considerable price increase.