Worldcoin

Orbs

<ul>
 <li style="font-weight: 400;">Worldcoin has suspended its Orb-verification program in India, Brazil and France.</li>
 <li style="font-weight: 400;">WLD’s price recently touched an all-time high.</li>
</ul>
<a href="https://ambcrypto.com/search/wld" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">Worldcoin [WLD]</a>, the crypto project co-founded by OpenAI CEO Sam Altman, has halted its controversial Orb-verification system in three major markets – India, Brazil and France.
This sudden retreat comes just months after the project launched the helmet-shaped eyeball-scanning device in these countries.
In a <a href="https://techcrunch.com/2023/12/20/worldcoin-is-no-longer-offering-orb-verification-in-india-brazil-and-france/" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">statement</a> to TechCrunch, Tools for Humanity, the foundation overseeing Worldcoin development, claims the suspension is due to the Orbs being offered in these markets for a “limited time” only.
This move comes a week after the project<a href="https://ambcrypto.com/what-worldcoins-latest-launch-means-for-wld-prices/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal"> announced</a> the launch of “World ID 2.0,” – an upgrade to the protocol – and integrations with other platforms, including&nbsp; Reddit, Telegram, Minecraft, Shopify, and Mercado Libre.
<h4>WLD’s recent rally to an all-time high</h4>
On 17th December, WLD’s price clinched an all-time high of $4.70, according to data from <a href="https://coinmarketcap.com/currencies/worldcoin-org/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">CoinMarketCap</a>. An on-chain assessment of the token revealed that the demand for WLD had climbed to a four-month high a day before this.&nbsp;
AMBCrypto found that on 16th December, the daily count of active addresses that completed at least one transaction involving WLD totaled 766 addresses, seeing a 215% uptick from the 76 addresses recorded the previous day.
Likewise, there was a surge in new demand as the day saw growth in the number of new addresses created to trade WLD. 
According to data from <a href="https://app.santiment.net/charts/QxkhXtMg__sCl" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">Santiment</a>, the number of new WLD addresses on that day was 334, rising by 363% from the previous day’s 76 new addresses.&nbsp;
<div id="attachment_359966" style="width: 100%" class="wp-caption aligncenter"><a href="https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.24.42-22-Dec-2023.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img aria-describedby="caption-attachment-359966" decoding="async" class="wp-image-359966 size-full" src="https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.24.42-22-Dec-2023.png" alt="" width="2560" height="867" srcset="https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.24.42-22-Dec-2023.png 2560w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.24.42-22-Dec-2023-300x102.png 300w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.24.42-22-Dec-2023-1024x347.png 1024w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.24.42-22-Dec-2023-768x260.png 768w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.24.42-22-Dec-2023-1536x520.png 1536w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.24.42-22-Dec-2023-2048x693.png 2048w" sizes="(max-width: 2560px) 100vw, 2560px"></a>
 Source: Santiment
</div>
WLD whales were not sidelined, as they also completed a high number of transactions involving the altcoin. 
According to Santiment, on 16th December, the number of WLD whale transactions exceeding $100,000 totaled 73. This marked the token’s second-highest single-day whale transaction count since it launched.&nbsp;
Regarding whale transactions above $1 million, the day saw 21 of those, the highest recorded since August.&nbsp;
<div id="attachment_359968" style="width: 100%" class="wp-caption aligncenter"><a href="https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.25.40-22-Dec-2023.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img aria-describedby="caption-attachment-359968" decoding="async" class="wp-image-359968 size-full" src="https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.25.40-22-Dec-2023.png" alt="" width="2560" height="867" srcset="https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.25.40-22-Dec-2023.png 2560w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.25.40-22-Dec-2023-300x102.png 300w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.25.40-22-Dec-2023-1024x347.png 1024w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.25.40-22-Dec-2023-768x260.png 768w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.25.40-22-Dec-2023-1536x520.png 1536w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Worldcoin-on-Ethereum-WLD-06.25.40-22-Dec-2023-2048x693.png 2048w" sizes="(max-width: 2560px) 100vw, 2560px"></a>
 Source: Santiment
</div>
Realistic or not, here’s&nbsp;<a href="https://ambcrypto.com/calculator/marketcap" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">WLD’s market cap in ETH terms</a>
Further, as the altcoin steadied at $4.70 on 17th December, the daily ratio of transaction volume in profit to loss increased to a 30-day high. On that day, for every WLD transaction that ended in a loss, 5.36 transactions returned a profit.&nbsp;
Currently trading at $3.74, WLD has shed 23% of its value since the 17th December high, data from CoinMarketCap showed.&nbsp;

Worldcoin halts iris-scanning in India, Brazil and France – Why?

AMBCrypto

2023년 12월 22일에 게재된 다른 기사

SEC May Approve Upcoming ETFs Before 2024

TRX Price Analysis for December 22

3 Tokens With the Vision for the Future: Fusionist (ACE), Retik Finance (RETIK), and Solana (SOL)

Shiba Inu (SHIB) Rally Skyrockets: Burning Mechanism Sparks Surge

Memecoin Season is Back as $SHIB, $BONK and $GFOX Turn on the Heat

Bitcoin’s Path to $44.2k: Metrics, Challenges, and Market Sentiment

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!