- Worldcoin’s user base surpasses 1 million, and its WLD token sees a 140% increase in value.
- Alameda Research’s holdings in WLD, worth $168 million, highlight its significance within the bankrupt firm’s portfolio.
In an era where digital assets are transforming the financial landscape, Worldcoin has emerged as a formidable player, marking a significant milestone in its journey.
Created by Sam Altman, the co-founder of OpenAI, Worldcoin has catapulted into the limelight, not just for its innovative technology but also for its rapidly expanding user base and surging token value.
Record User Growth and WLD Token Surge
Worldcoin’s announcement on Sunday that its World APP users had exceeded 1 million represents a monumental achievement for the cryptocurrency project. This surge in user base is a testament to Worldcoin’s growing popularity and its potential to revolutionize how we think about digital identity and financial inclusion.
World App, the first wallet built for the Worldcoin project, passed 1M daily users this week. This community is incredible 🫡 pic.twitter.com/Mf6Y51gscQ
— Worldcoin (@worldcoin) February 17, 2024
The platform’s innovative approach, which leverages biometric data to ensure a unique identity for each user, has set it apart in a crowded marketplace.
The token associated with Worldcoin, WLD, has seen a dramatic increase in value, rising by more than 140% in the past week alone. This surge pushed the token’s price to exceed $6, a remarkable feat attributed to the launch of Sora, a new initiative by Worldcoin aimed at enhancing its platform’s capabilities and expanding its reach.
The price jump reflects the market’s optimistic outlook on Worldcoin’s future and its potential to impact the cryptocurrency ecosystem profoundly. To know more about this development, you can watch this YouTube video here.
Alameda Research’s Holdings
In a twist that ties the fortunes of Worldcoin to the narrative of Alameda Research’s bankruptcy, reports from Spot On Chain reveal that Alameda Research holds a substantial amount of WLD tokens.
The total holding, amounting to 25 million WLD, is valued at a staggering $168 million, making it the highest net worth asset in Alameda’s portfolio. These tokens, acquired from Worldcoin on August 15, 2023, represent a significant investment that Alameda has not interacted with since their acquisition.