Worldcoin (WLD) Makes Major Progress in Its Global Growth, Announces New World ID Passport Credential Pilot and a Substantial Price Spike

Worldcoin (WLD) is making major progress in its global growth, with the announcement of a new World ID Passport Credential pilot and a substantial price spike—currently selling at $2.88, up 15% in the past 24 hours and nearly 40% in the past month.

Worldcoin (WLD) is experiencing major growth globally, announcing a new World ID Passport Credential pilot and a significant price increase—currently trading at $2.88, up 15% over the past 24 hours and nearly 40% in the past month.

Here's what you need to know about Worldcoin's World ID Credential.

Four countries are now piloting the World ID Credentials, which were first unveiled at the “A New World” event in San Francisco: South Korea, Malaysia, Colombia, and Chile. This new feature aims to enhance user security and privacy while scaling global access to the World Network.

How World ID Credentials Work

The new method allows users to link government-issued forms of identification—specifically, passports with NFC capabilities—to their World ID without revealing any personal information to third parties. All identification data is securely stored only on the user's device, ensuring unparalleled privacy.

Key Benefits of the Passport Credential

The new credentials offer several notable benefits:

The pilot is currently available on iOS for passport holders from the selected countries who are physically present in those countries. Android support is expected to be rolled out soon, with plans to expand to additional countries in the future.

WLD/USD Technical Analysis

Worldcoin's latest developments have fueled an impressive price performance in the WLD token. The cryptocurrency has surged by nearly 15% to trade at $2.88, while trading volume has spiked by 157% to reach $1.39 billion. This surge is attributed by market observers to bullish technical indicators and the ongoing altcoin season.

Analysts have identified a potential Cup and Handle pattern on Worldcoin's price chart, indicating possible breakout targets ranging from $11.97 to $40.24. The current market structure shows strong support at $1.70 and resistance levels at $2.60 and $4.78.