The price of Worldcoin (WLD), the native token underpinning the Worldcoin blockchain network, has seen a significant surge over the last day amid a major exchange listing. As of this writing, WLD was trading around $8.52, up over 28% from 24 hours prior according to data from CoinMarketCap.
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Major Exchange Listings Fuel Growth
The rapid increase comes on the heels of cryptocurrency exchange Binance announcing it would be adding WLD to its listings, opening the token up to Binance’s vast user base. Additionally, the announcement revealed various other high-profile blockchain projects would also be newly listed, like Filecoin and Solana.
The Worldcoin network’s underlying technology received praise after it was reported its market capitalization, now over $83 billion, had come to surpass that of AI research company OpenAI, valued at $80 billion. As QstarsAI wrote on X, “There is a clear shift in focus as investors begin to realize the potential of AI-related blockchain projects.”
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Show more +Cryptocurrency analyst Scient also celebrated the Worldcoin price movement on X, stating, “I don’t need to say anything, the chart says it all. Perfection with bottom snipe.” Indeed, the WLD surge comes after a period of stabilization and consolidation for the token over the past month. Scient further added the rally reinforced sound trading principles, writing “Plan the trades and trade your plans, wether you win of lose. Trust your system.”
Long-Term Outlook and Web3 Momentum
With the flurry of positive news around Worldcoin specifically and the crypto sector more broadly, the blockchain network and its activities appear poised for further growth through the rest of 2023. The WLD token’s committed community also seems stalwart believers in the long-term vision of founder Sam Altman as momentum around Web3 technology accelerates.
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