Worldcoin (WLD) emerged as the biggest gainer of the day, decoupling from the slightly bearish trend seen in the largest cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The WLD price is up more than 17% in the past 24 hours, while BTC and ETH are seeing small declines.

WLD has seen new growth as Worldcoin has launched its World ID solution in Guatemala, Malaysia, and Poland. The protocol, designed to verify human identity while ensuring privacy, is gaining traction in major countries. It is already operational in the United States, the United Kingdom, Germany, and India.

Worldcoin returns to $2 mark

Worldcoin has reclaimed the key $2 mark for the first time since August. WLD has surged 33% in the past seven days, while still down 25% in the past 90 days. At press time, Worldcoin is trading at an average price of $2.13 with a trading volume of $429.2 million. It is still down 82% from its all-time high (ATH) of $11.82 set on March 10, 2022.

The price of WLD was boosted by the launch of World ID orb verification in three countries this week. This is a permissionless protocol designed to help users prove they are human online while protecting their privacy. This is expected to be a big step forward in enhancing digital security.

Worldcoin also tested a new face authentication feature, using data previously stored on Orb to verify user identity. It mentioned that proof of human identity is expanding, and the launch of more World IDs in Europe and South America shows that the ability to distinguish between online bots and humans has become very important.

It is worth mentioning that Worldcoin also announced the test launch of the new Face Auth feature last week. At the same time, the Worldcoin privacy white paper was also released.

OpenAI reorganization to help advance artificial intelligence

WLD's crazy rise also benefited from OpenAI's latest move. The AI-related company is reportedly changing direction and restructuring its core business into a for-profit welfare company. It is getting rid of the control of the non-profit board of directors.

The nonprofit will continue to exist and will hold a minority stake in the new for-profit entity. This hybrid model is intended to balance profitability with its original mission.

Most importantly, CEO Sam Altman will get an equity stake in the for-profit company for the first time. This could be a game changer as it is estimated that the company could be worth $150 billion after the restructuring.

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