Is Worldcoin a buy after launching in the US? WLD up 20% in a week
Summary ⚈ Worldcoin launched in the U.S. and rose 19.78% over the past week. ⚈ The top 10 wallets still control 77.62% of WLD’s total token supply. ⚈ Critics, including ZachXBT, have accused the project of manipulation and fraud. Worldcoin (WLD)’s U.S. launch has kicked off with plenty of positive price action — but that doesn’t necessarily make Worldcoin a buy. The digital-identity cryptocurrency associated with Sam Altman’s World project seeks to counteract the ramifications of artificial intelligence (AI) by providing a tamper-proof way of verifying one’s identity online, and launched in the U.S. on May 1. WLD surged from $1.03 to $1.16, before mounting a retreat to $1.08 by press time on May 1, bringing returns on the daily chart to 4.31%. Within the last 7 days, Worldcoin has rallied by 19.78%. WLD price 1-day and 1-week charts. Source: Finbold Despite positive price action, the project remains controversial and fraught with legal issues, ...