Worldcoin ($WLD ): What's Driving the Price & the Privacy Debate! 🚀
$WLD is making waves, aiming to build a global identity (World ID) via iris scans and potentially universal basic income.
Recent Action: $WLD just jumped ~20%, hitting $1.50 again! This surge is linked to news of a massive $135M direct funding round from big investors like a16z.
The Catch: Despite its ambition, Worldcoin faces major privacy concerns. Countries like Kenya have banned it due to data collection worries. The use of biometric data is a hot topic.
What to Watch:
* Regulations: Can Worldcoin navigate global data privacy laws?
* Adoption: Will people truly embrace World ID for daily use?
Disclaimer: Crypto is risky. Always DYOR!