Summary
TLDR: Worldcoin’s World App wallet reaches 10 million users, showing rapid growth, but faces regulatory challenges in multiple countries due to concerns about data collection practices. The native token, WLD, has seen a slight decrease in price, leading analysts to warn of potential further decline without sustained buying pressure.
Key Points
1. Worldcoin’s World App wallet has reached a significant milestone with 10 million users, showcasing rapid growth and expansion.
2. Despite the impressive user metrics, Worldcoin faces challenges from regulators in various countries, with concerns raised about the project’s methods and data collection practices.
3. The financial performance of Worldcoin’s native token, WLD, has experienced a downturn, with analysts warning of potential price decreases if sustained buying pressure is not maintained.