Coin Edition -
- WLD hit $5.50 after the project’s wallet registered 1 million daily active users.
- If WLD closes below the 9 EMA, the price might decrease to $4.17.
- Open Interest climbed by 24.61%, suggesting a further price increase
The price of Worldcoin (WLD) jumped by a staggering 17% in the last 24 hours, CoinMarketCap data showed. At press time, WLD’s price was $5.26. But the token had initially attempted to reach $5.50 earlier before it pulled back a little.
Interestingly, this was coming at a time when market prices of most cryptocurrencies declined. However, Coin Edition was able to identify one of the major reasons for the hike. On February 17, Worldcoin, through its official X handle, announced that World App has surpassed 1 million daily users.
World App, the first wallet built for the Worldcoin project, passed 1M daily users this week. This community is incredible