#WLD​​​ Why are prices rising?

The price of $WLD has surged today, causing significant buzz in the wider cryptocurrency market. The coin surged 44.31% to $3.14 in the past 24 hours. This huge price increase has made WLD one of the best performing assets of late.

In addition, WLD's trading activity has also increased significantly, with 24-hour trading volume soaring 161.16%, and the current trading volume reaches $888 million. The increase in trading volume indicates that traders are entering the Worldcoin market and showing strong interest.

As WLD’s price soared, so did its market capitalization. Its market cap has soared by about 47.39% to $886 million so far. This makes Worldcoin the 82nd-largest cryptocurrency by market capitalization. Overall, these are major bullish signals for the coin.

The price of Worldcoin surged today after a major announcement from the project team. They recently announced that the WLD token unlock will launch on July 24th. It is worth noting that this token unlock is open to WLD investors and official team members of the Tools for Humanity (TFH) project.

This WLD unlocking plan will unlock 80% of the shares held by TFH project team members. The Worldcoin team further revealed that they will extend the unlocking time from three years to five years. According to the team, a unique aspect of this unlock is that most WLD tokens are expected to be distributed to people with unique properties.

Worldcoin is a leading human verification-based cryptographic initiative. It was co-founded by Open AI CEO Sam Altman with the goal of creating a global economy for everyone, regardless of nationality or other status. With many aspirations in mind, the WLD team has been focused on development. Therefore, WLD tokens are also gaining increasing attention in the industry.

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