Bitcoin price fluctuation continues, and despite good inflation data for the past 2 days, Fed anxiety dominates the market. However, this situation does not prevent altcoins from announcing major news. For several weeks, cryptocurrency projects have been looking for ways to keep their communities alive by announcing new good news. They are successful, and their prices are rising.
WLD Coin News
The protocol, introduced to the public about four months ago, was recently updated as World ID 2.0. Demand for such identity services may increase in the coming period, but the Worldcoin team is facing problems in many jurisdictions for collecting biometric data.
The venture, founded by Sam Altman, announced today that it supports integrations with Minecraft, Reddit, Telegram, Shopify, and Mercado Libre for World ID. Currently, World ID 2.0 supports integrations with Discord, Talent Protocol, and Okta’s Auth0.
Tiago Sada, product manager of Tools for Humanity and one of the main contributors to Worldcoin, said:
“This is a much easier way for developers to create integrations. We’ve rebuilt the way it works.”
With this support, it will be possible to identify users of World ID on the related platforms. For example, Reddit moderators will be able to provide access to different features, knowing that users with these IDs are real people.
Currently, there are 5 million users with World ID worldwide, and approximately 2.6 million people have scanned their irises with Orb hardware to verify their identities. According to official data, 100,000 new users were reached in the last week.
WLD Coin Comments
WLD Coin set its ATH level in the Binance exchange by surpassing $2.87 on November 25. The fluctuation of the price was significantly influenced by the founder Sam Altman being fired from the OpenAI company and returning to his position. At the time of writing, WLD Coin is finding buyers at $2.46 and continues the day with a 2% gain against BTC. It is not possible to say that the latest news has had a massive impact on the price.
As long as the price maintains support in the $2.36 area, it can gather strength for a new ATH journey. For another attempt at ATH, daily closures above $2.7 must be seen. Today, following announcements from the Fed, fluctuations in cryptocurrencies are expected, so the $2.7 and $2.36 areas will be under investor scrutiny. In a downturn scenario, the targets are the $2.17 and $1.86 areas.
