Worldcoin (WLD) Token Price Surges 75% Following Binance Debut

On Monday, July 24, Sam Altman, the head of OpenAI, officially introduced the Worldcoin Project to the global community. Following the announcement, major cryptocurrency exchanges, including Binance, have expressed their interest in adding the Worldcoin (WLD) token to their platforms.

Worldcoin’s Listing on Binance Had Positive Results

The listing of the WLD token on Binance has sparked a frenzy among investors eager to get in on the ground floor of the project. In just the first hour of trading on the exchange, the price of the WLD token has surged by over 60%, reaching a value of $2.97 and a market capitalization of $228 million.

On Monday, Worldcoin’s WLD token was listed on several major cryptocurrency exchanges, including Binance, Huobi, Bybit, and OKX. Worldcoin is a much-anticipated project in the crypto world, co-founded by Sam Altman, who is also known for co-founding ChatGPT.

The WLD token is now available for both deposit and trading on Huobi and Bybit. Bybit will also enable withdrawals starting at 10 a.m. UTC on Tuesday, with OKX following suit. On Huobi, users can trade the WLD/USDT pair, while Bybit has also added the WLD/USDC pair to its trading options.

Worldcoin is a cryptocurrency project that utilizes a unique device known as an “orb” to scan individuals’ eyes and create their digital identities. In exchange for participating in the scan, users receive a “world ID,” which serves as proof of their personhood.

Altman and his co-founders believe that their innovative approach to digital verification is essential in an era where AI technology is making it more difficult to differentiate between content generated by AI and that which is not.

In a recent conversation with Bloomberg News, Altman discussed how the growing interest in AI has helped to fuel excitement around the Worldcoin project. 

The Worldcoin project is being developed by a startup called Tools of Humanity. The company’s CEO, Alex Blania, has stated that they are actively seeking to expand the project into Asian markets, with a particular focus on Japan and South Korea.