Worldcoin (WLD) is an open-source protocol designed to foster global economic participation through privacy-focused digital identity (World ID), decentralized token distribution, and self-custody applications like World App. Below, we analyze its market performance, key metrics, and ecosystem.
Key Metrics
- Current Price: $0.88960 (+3.13% today)
- Market Cap: $1.50 billion
- Circulating Supply: 1,687,035,516 WLD (16.87% of max supply)
- Max Supply: 10,000,000,000 WLD
- All-Time High: $11.9650 (-92.57%)
- All-Time Low: $0.20000 (+344.80%)
- Audit: CertiK (Last audit: Dec 22, 2023)
Market Analysis
Price Performance
Worldcoin’s price reflects volatility typical of emerging crypto assets. Recent gains (+3.13%) suggest renewed investor interest, though it remains significantly below its ATH. The token’s low correlation with Bitcoin (BTC) cycles highlights its unique positioning within AI and identity-focused crypto niches.
Supply Dynamics
With only 16.87% of the total supply circulating, future token releases could impact price stability. Monitoring vesting schedules and ecosystem growth is critical for long-term valuation.
Worldcoin Ecosystem
Core Components
- World ID: Privacy-preserving digital identity verification.
- Worldcoin Token (WLD): Freely distributed to verified users globally.
- World App: Enables seamless payments and transfers.
👉 Explore Worldcoin’s official portal
Networks
- Ethereum: Primary smart contract platform.
- Optimism: Layer-2 scaling solution reducing transaction costs.
Risks and Considerations
- Regulatory Scrutiny: Bans in jurisdictions like Indonesia underscore regulatory challenges.
- Tokenomics: High max supply may pressure prices if demand doesn’t scale proportionally.
- Technical Risks: Reliance on fraud proofs in Optimism’s rollup model requires vigilant monitoring.
FAQs
1. How does Worldcoin verify users?
Worldcoin uses iris-scanning technology (World ID) to ensure unique, privacy-compliant identity verification.
2. What drives WLD’s price volatility?
Factors include adoption rates of World App, regulatory news, and broader crypto market trends.
3. Can WLD reach its ATH again?
While possible, it depends on ecosystem expansion and sustained demand amid competitive AI/crypto projects.
4. Is Worldcoin energy-efficient?
Yes. Its PoS consensus and Layer-2 solutions minimize energy use vs. traditional blockchains.
Conclusion
Worldcoin merges digital identity with decentralized finance, offering a novel economic participation model. Investors should weigh its innovative potential against regulatory and supply-side risks.
👉 Stay updated on WLD’s latest developments
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct independent research before investing.