Worldcoin’s native token, WLD, surged 9% in the past day, becoming the top gainer among the leading 100 cryptocurrencies. At $2.36 per token and a market cap of $357 million, WLD is the 98th-largest digital currency.
The surge follows Tools for Humanity’s executive hires from top firms like Google, Apple, and Meta. These experts aim to ensure compliance with privacy regulations, especially after scrutiny from data protection regulators in France and Hong Kong.
Despite a 116% increase in daily trading volume to $357.8 million, WLD remains 80% below its all-time high of $11.82. Upcoming token unlocks may increase market liquidity but could also introduce bearish sentiments.
This rise in WLD’s value comes amid a broader crypto market downturn, highlighting its resilience and strategic importance in digital identification.
