Worldcoin (WLD) price rose 6.10% in the past 24 hours, now at $1.503. The daily trading volume surged 100.86%.

Worldcoin (WLD) experienced a significant surge, with its price currently sitting at $1.503, reflecting a 6.10% gain in the last 24 hours. The market cap is up to $643.4 million, representing a 5.74% rise. The 24-hour trading volume has also increased significantly, up by 100.86% to $192.38 million.

The WLD price surge can also be attributed to its growing adoption, fueled by announcements of strategic partnerships and exchange listings, including Upbit. This adds to the liquidity and visibility of the token, further driving up investor interest.

However, concerns regarding Worldcoin’s tokenomics have surfaced. A recent report points out the centralized token distribution, where investors control a significant portion of the supply. This concentration raises questions about sustainability and long-term price growth. A prominent investor mentioned that while the current price growth is promising, tokenomics leaves much to be desired for decentralized enthusiasts.