- Worldcoin (WLD) achieves impressive trading volume of over half a billion dollars.
- WLD surpasses Cardano (ADA) and Solana (SOL) in fully diluted valuation.
- WLD experiences significant growth rate of over 22% in 24 hours.
In a stunning twist of fate, the newly introduced Worldcoin (WLD) has swiftly ascended to a prominent standing within the cryptocurrency market. Within the past 24 hours, WLD has achieved an impressive trading volume surpassing half a billion dollars, outperforming established market leaders in various key metrics.
In a recent tweet, Tom Wan, a research analyst at a renowned firm, disclosed that WLD boasts a fully diluted valuation (FDV) surpassing $20 billion, a valuation that exceeds that of Cardano (ADA) and Solana (SOL). Wan further stated that approximately 1.7 million WLD tokens have already been distributed to 68,000 crypto enthusiasts, with an average profit per user of approximately $54.
Based on the data sourced from CoinMarketCap, Solana currently holds a formidable Fully Diluted Valuation (FDV) of approximately $12.7 billion, while Cardano surpasses it with a larger FDV of $13.7 billion. In the meantime, Worldcoin exhibits a trading price of $2.03, showcasing an impressive growth rate of over 22% within 24 hours. Furthermore, it has experienced a substantial increase of more than 26% compared to its value against Bitcoin (BTC).
However, it is worth noting that the prominent cryptocurrencies within the top ten rankings have experienced a decline in value during the previous 24-hour period. This downward trend has also affected their overall performance over the past seven days, resulting in a negative cumulative outcome.
In the crypto market, Cardano (ADA) witnessed a notable decrease of 2.94% in the past 24 hours, along with a 1.43% decline over the week. As a result, its current price stands at $0.304. Similarly, Solana (SOL) experienced a decline of 4.96% within the last day, accompanied by a more substantial dip of 12.25% over the week.
The recent upward trajectory in the price of WLD can be attributed to many factors, notably the anticipation surrounding its launch by Sam Altman, a prominent figure in the crypto industry through OpenAI. Additionally, the extensive listing of WLD on reputable crypto exchanges has significantly contributed to its surge in value.
In a recent official statement, Binance, the leading cryptocurrency exchange, revealed the listing of WLD in trading pairs with Bitcoin and USDT, namely WLD/BTC and WLD/USDT. Notably, Binance pledged to introduce WLD as a fresh borrowable asset within the Isolated margin framework alongside this new margin pair. Also, prominent crypto exchanges KuCoin and Gate.io have declared their support for listing WLD.
