CDS Crypto News Worldcoin Expands World ID to Poland, WLD Token Surges 5%
Crypto News

Worldcoin Expands World ID to Poland, WLD Token Surges 5%

Worldcoin launches its World ID verification in Poland, boosting access to decentralized identity technology across Europe. The announcement drives a 5% surge in WLD token price

91
Worldcoin Expands World Id To Poland, Wld Token Surges 5%

Worldcoin Expands World ID to Poland, WLD Token Surges 5%

Worldcoin, the AI-driven crypto project spearheaded by Sam Altman, continues to make significant global advancements. On Wednesday, the project, known for its innovative ‘orb’ verification process, announced the rollout of its World ID verification system in Poland. This latest expansion has drawn attention worldwide, particularly as the native token, WLD, saw a notable 5% price increase.

Worldcoin Expands World Id To Poland, Wld Token Surges 5%

Worldcoin Expands World ID Across Europe

In a September 18th announcement, Worldcoin confirmed the launch of World ID verification in Poland. This marks a major step forward for the project, bringing its human verification technology to a broader European audience.

“Starting today, individuals in Warsaw can verify their World ID using the orb,” the announcement stated. The orb, a specialized biometric imaging device, serves as the centerpiece of Worldcoin’s digital verification system, ensuring proof of humanness in a world increasingly populated by AI.

Worldcoin Expands World Id To Poland, Wld Token Surges 5%

WLD Token Jumps 5%

As news of the Poland expansion broke, WLD, Worldcoin’s native token, surged nearly 5%, trading at $1.48. The day’s price fluctuated between a low of $1.42 and a high of $1.52. Accompanying this price movement, the token’s 24-hour trading volume spiked by 30%, reaching $99 million. This uptick in trading activity is a direct response to WLD’s latest European foray, capturing the interest of both investors and the broader crypto community.

CoinGape Media previously reported on the project’s earlier rollout of orb verification in Austria, which aligns with Worldcoin’s larger mission to build a global decentralized identity verification network.

Interestingly, the announcement highlighted a 2023 study showing that Polish citizens frequently encounter AI bots, making the launch of World ID in Poland particularly timely. By offering a way to distinguish between humans and bots while preserving privacy, Worldcoin’s technology could prove transformative in the region.

CoinGape Media also recently reported that WLD could rally by up to 34% following the integration of World ID on Solana’s blockchain. As a result, Worldcoin continues to ride a wave of optimism in the crypto market.

However, Coinglass data did reveal a 2.5% decline in futures open interest, now standing at $126.04 million, causing some market participants to approach the recent developments with caution.

Worldcoin Expands World Id To Poland, Wld Token Surges 5%

Leave a comment

Leave a Reply

Related Articles

Sui Blockchain Faces First Major Outage: What Happened and What’s Next

Sui blockchain faces its first major outage—learn what happened, the impact on...

MicroStrategy Stock Reaches New High as Bitcoin Surges Above $98,000

MicroStrategy’s stock surged to a new all-time high as Bitcoin reached $98,000,...

Mysten Labs Resolves Sui Blockchain Outage, dApps Resume Functioning

Mysten Labs Resolves Sui Blockchain Outage, dApps Resume Functioning

Top 3 Cryptos on November 21: Qubetics Soars as Ethereum and Solana Face Resistance

Top 3 Cryptos on November 21: Qubetics Soars as Ethereum and Solana...