Worldcoin (WLD) Token Price Shoots Over 75% After Listing on Binance
OpenAI chief Sam Altman officially unveiled the Worldcoin Project to the world earlier today on Monday, July 24. Soon after the announcement, some of the biggest crypto exchanges like Binance have lined up to list the Worldcoin (WLD) token on the platform.
This has resulted in a huge rush of investors looking to grab the WLD token in the early stage of the project. Just over the last hour of its listing on binance, the WLD token price is up by more than 60% and is currently trading at $2.97 with a market cap of $228 million.
On Monday, several crypto exchanges including Binance, Huobi, Bybit, and OKX listed Worldcoin’s WLD token. Worldcoin is a highly anticipated crypto project co-founded by Sam Altman, the co-founder of ChatGPT.
Huobi and Bybit have already listed the WLD token, offering options for both deposits and trading. Bybit will enable withdrawals on Tuesday at 10 a.m. UTC, and OKX will do the same. Huobi users can trade the spot WLD/USDT pair, while Bybit has also made the WLD/USDC pair available for trading.
Sam Altman: AI Fervour Would Boost Worldcoin
Worldcoin is an eyeball-scanning crypto project that uses a device called an “orb” to scan people’s eyeballs and in turn, generate their digital identities. In return, the person gets a “world ID” also called “proof of personhood”.
According to Altman and his co-founders, their new method of digital verification is crucial at a time when AI is making it increasingly challenging to distinguish between what’s created by AI and what isn’t.
In an interview with Bloomberg News, Altman mentioned that the excitement surrounding AI has contributed to generating more enthusiasm around Worldcoin. He said:
“There’s much more interest and understanding and excitement, particularly as AI has become more of a factor in the world than when we started the project”.
Tools of Humanity is currently the startup behind developing the Worldcoin project. Alex Blania, the CEO of Tools of Humanity said that they are looking to expand the project in Asian markets, particularly in Japan and South Korea.
They are currently not looking to expand in the US due to regulatory issues and lack of clarity. “There’s clearly a great lack of certainty, to say it as mildly as possible,” Altman told Bloomberg. “I think it’s a shame”. According to Worldcoin’s website, they have received over 2 million signups.
- Aster Token Crashes 10% On DEX Integrity Issues Ahead of Airdrop, What’s Happening?
- Spot Bitcoin ETFs Record 2nd Best Weekly Inflows Ever, Bloomberg Analysts Bullish
- Michael Saylor Says “No New Orange Dots” Pausing Bitcoin Buys as Holdings Hit Record $79B
- Experts Turn Bullish on Pudgy Penguins as PENGU Leads Meme Coin Buys on Solana
- ASTER to Launch Phase 2 Airdrop on October 10 as Open Interest Tops $5B in Two Weeks
- Dogecoin Price Rebounds 15% From Buy Zone as Whales Add 30M DOGE – Can Bulls Push Beyond $0.30?
- FLOKI Price Prediction as ETP Listing Drives Adoption—Is a 160% Rally Ahead?
- BNB Coin Price Hits ATH as Derivatives Activity Soars—Is $1,520 the Next Stop?
- Aster Price Eyes $3 After Channel Breakout as Open Interest Surges to $1.37B
- Will XRP Price Hit $5 if the SEC Approves ETFs This Month?
- Bitcoin Price Hits $120K Ahead of Q4 — Can Citigroup’s Forecast Hold Up?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
