Worldcoin's WLD token has seen a price drop of nearly 50% since its launch, currently trading at $1.26. However, the project has allocated 75% of the initial WLD supply to its community, and with plans to unlock more tokens, there is potential for a surge in WLD's price action, volume, and liquidity. Despite this, the author advises potential investors to conduct their own research before deciding to hold the token.
Key takeaways:
- Worldcoin, a project spearheaded by Sam Altman, has been facing operational challenges due to its high global demand and concerns about data privacy from regulators in various countries.
- The project uses an eye-scanning technology called the “Orb” to differentiate between a human and a bot, and with its WLD token, users can make payments, transfers, and purchases.
- ChatGPT, the AI-language model, showed a level of trust in the potential of Worldcoin, despite concerns about data privacy and ethical issues raised by various parties.
- Worldcoin's token, WLD, was trading at $1.28 at press time, and despite a dip after its launch, its on-chart metrics point towards a bullish price movement.