The Worldcoin project aims to create a big network where everyone has their own unique digital identity and access to financial services. This digital identity is called World ID and it helps prove that you're a real person online while keeping your personal information private.
To join the Worldcoin system, people need to use an app called World App. This app helps them create their World ID. They also need to visit a special device called the Orb, which checks that they're real people. These Orbs are usually found in local businesses. When you use the Orb, it doesn't keep any pictures of you unless you specifically agree.
Once you have your World ID, you can get free WLD tokens, which are Worldcoin's digital currency. These tokens aren't available in the US. Worldcoin wants to distribute these tokens widely to lots of people.
The WLD token isn't just for buying things. It also lets people have a say in how the Worldcoin system is run. This is called governance. People who have WLD tokens can vote on important decisions about how the system should work. They might also use WLD tokens to pay for things in the World App or other apps, or to show support for certain ideas or projects.
WLD tokens are based on a technology called Ethereum, and most transactions will probably happen on a network called Optimism.
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Price:
Today, 9th March 2024, the price of Worldcoin (WLD) is $10.34 USD. In the last 24 hours, people have traded Worldcoin tokens for a total value of $1,520,851,521 USD. So, there's been a lot of buying and selling activity for Worldcoin recently.
The price of Worldcoin has gone up by 42.08% in the last 24 hours. This means that the value of Worldcoin has increased by nearly a quarter compared to yesterday. There are currently 148,210,691 Worldcoin tokens circulating in the market, out of a maximum possible supply of 10,000,000,000 tokens. This tells us how many tokens are available for trading right now and how many could potentially exist in the future.
The highest price ever paid for Worldcoin was $10.92, which happened on Mar 09, 2024. Right now, the current price is 3.36% lower than that highest price.
On the other hand, the lowest price ever paid for Worldcoin was $0.9731, which occurred on September 13, 2023. Today, the current price is 291.59% higher than that lowest price.
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Market capitalization is like a big picture view of a cryptocurrency's value. For Worldcoin (WLD), its market cap is $500,722,953. This number tells us how much the entire Worldcoin market is worth.
To figure out market cap, we multiply the current price of one Worldcoin token by the total number of tokens available for trading. Right now, there are 130 million Worldcoin tokens circulating in the market.
So, if you take the current price of one Worldcoin token and multiply it by the total number of tokens available (130 million), you get the market cap.
Worldcoin (WLD), its Fully Diluted Valuation (FDV) is $38,368,133,268. This number represents the maximum worth Worldcoin could have if all 10 billion WLD tokens were circulating today.
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Future Predictions:
Experts predict that the price of Worldcoin (WLD) will likely stay between $3.10 and $4.56.
If Worldcoin's price goes up to the highest predicted price of $4.56, it would be a 16.61% increase from its current price. So, if you have Worldcoin and its price reaches $4.56, you could see your investment grow by about 16.61%.
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