Worldcoin Token Jumps 75% on Binance Debut

Listing on top exchanges such as Binance, OKX, Houbi, and others resulted in a significant surge, as investors rushed to acquire the WLD token.

Today, on July 24, OpenAI chief Sam Altman officially introduced the Worldcoin Project to the public. Following the announcement, major crypto exchanges, including Binance, have expressed interest in listing the Worldcoin (WLD) token on their platforms.



The WLD token’s listing on Binance triggered a significant surge of investors seeking early entry into the project. Within just one hour of its listing, the WLD token price skyrocketed by over 60%, currently trading at $2.97 with a market cap of $228 million.

On Monday, prominent crypto exchanges like Binance, Huobi, Bybit, and OKX listed Worldcoin’s WLD token. Worldcoin, co-founded by Sam Altman, who is also a co-founder of ChatGPT, is a highly anticipated crypto project.

Huobi and Bybit have listed the WLD token, providing deposit and trading options. Bybit will enable withdrawals at 10 a.m. UTC on Tuesday, and OKX will follow suit. Huobi users can trade the spot WLD/USDT pair, and Bybit offers the WLD/USDC pair for trading.

Worldcoin Could Benefit from AI Boom

Worldcoin is an eyeball-scanning crypto project utilizing an “orb” device to scan people’s eyeballs, creating their digital identities, and providing them with a “world ID” or “proof of personhood.”

Altman and his co-founders emphasize the significance of their innovative digital verification method, especially in a time when AI blurs the line between AI-generated and human-created content.

In an interview with Bloomberg News, Altman stated that the growing interest and enthusiasm around Worldcoin are influenced by the increasing role of AI in today’s world compared to when the project was initiated.

Worldcoin’s Expansion Plans and Regulatory Hurdles:

Tools of Humanity, the startup behind Worldcoin, aims to expand the project in Asian markets, focusing on Japan and South Korea.



However, they currently avoid expansion in the US due to regulatory uncertainties, which Altman finds disappointing. Despite this, Worldcoin’s website indicates over 2 million signups.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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