U.Today - Worldcoin (WLD) has joined the list of altcoins with positive price action today after its token as high as 5% in early morning trading to $1.67 at the time of writing. The growth of WLD has been a broad reflection of the advances in adoption within the broader Worldcoin ecosystem itself.
According to details shared in a blog post recently, Worldcoin said it has been able to onboard as many as 200,000 people who have been able to verify World IDs in Chile, a strategic ally country in Latin America (LATAM). As by Worldcoin, the total onboarded individuals account for as many as 1% of the entire population of Chile, which is currently pegged at around 19.5 million people.
Worldcoin considers this adoption rate in Chile to be very promising for its global expansion drive and unveiled a new strategic partnership to help bolster demand in the country.
Growth amid regulatory crackdowns
The growth being experienced by Worldcoin is coming despite the broad regulatory crackdown that the protocol is witnessing in multiple jurisdictions around the world. While Chilean growth is a rare exception, Worldcoin is facing in such jurisdictions as Argentina, Germany and Kenya, to name a few.With from users with registered World IDs soaring, we are bound to continually see more intriguing market action that can have a corresponding impact on price. The current growth momentum further underscores the susceptibility of WLD to bow to constant market pressure, as we have in the past couple of weeks.