Saturday, 20 April 2024

Crypto News

Worldcoin (WLD) and Bitcoin Dogs (0DOG) drive crypto surge amid market recovery

Worldcoin to launch its WLD token and mainnet today

  • Worldcoin’s (WLD) price surged 192% in 7 days
  • Worldcoin’s “World App” wallet hit 1 million daily active users amid regulatory challenges.
  • Bitcoin Dogs presale collects over $2.2 million in five days.

In the wake of Bitcoin’s recent resurgence, the cryptocurrency market has witnessed a compelling comeback, with Ethereum and altcoins following suit, with Worldcoin (WLD) and Bitcoin Dogs (0DOG) at the forefront.

Worldcoin (WLD), the brainchild of OpenAI CEO Sam Altman, experienced a staggering 192% surge in just seven days while Bitcoin Dogs, which entered the market a few days ago, caused waves with the first-ever BRC-20 ICO on Bitcoin blockchain.

Worldcoin (WLD): 192% surge in a week

The 192% Worldcoin (WLD) price surge has caught the attention of crypto investors, especially following the challenges that the Worldcoin project has faced in the recent past. The WLD currently trading at $7.32 hit an all-time high of $7.52 on February 19 following a week-long rally.

Worldcoin price chart


This WLD price surge coincided with a significant achievement for the Worldcoin project, as its crypto wallet app, the “World App,” surpassed 1 million daily active users. There has also been an overwhelming whale accumulation, with a massive 2.09 million WLD tokens acquired from Binance. Alameda Research’s significant holding of 25 million WLD tokens and the unveiling of Sora, a text-to-video platform by Sam Altman, further contribute to the optimism around Worldcoin’s growth.

Launched in July 2023 by Sam Altman and Alex Blania, Worldcoin stands as a “privacy-preserving” digital identity verification initiative, rewarding users with WLD for iris scans.

Interestingly, this remarkable growth comes at the backdrop of regulatory challenges including Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) initiating an investigation into the project due to “serious risks to personal data privacy.” Reports suggest inspections were conducted at Worldcoin locations in Hong Kong. Previously, global regulatory concerns led to service suspensions in Kenya and a temporary halt to iris scans in India.

Bitcoin Dogs (0DOG): innovation meets canine craze

As Worldcoin catches the attention of crypto investors eager to invest in AI-based cryptocurrencies, Bitcoin Dogs, a new cryptocurrency project using Bitcoin’s BRC-20…

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