Worldcoin now up 31%: Are upgrades to the Worldcoin Network going to push the WLD price even higher?

It’s Worldcoin (WLD) which has attracted investors’ attention, rising 31% though the broader market is in the red. This performance is backed by the expansion of the network as well as continual growth in identification verification related services. Is this a symptom of further increases to follow?

Meanwhile, Worldcoin (WLD), is up by 31% in the current week as the market takes a breather. New investors are starting to pay attention to Worldcoin since the underlying protocol is increasing its list of the business it offers, indicating more adoption of the token in the future.

Worldcoin Adds More Services to Its Stream Across the Globe

In a recent blog post, Worldcoin’s World ID services were announced to be expanding to three new countries: These are; Guatemala, Poland, and Malaysia. This expansion is occurring in a time when AI has continued growing, and thus, there is higher likelihood of fraud and privacy rights violation.

Worldcoin’s innovative identity-obliterating identity verification system offers a guaranteed digital proof-of-personhood as described in the whitepaper. This approach will help safeguard personal privacy while trying to meet the emerging demand of concretely distinguishing between interactions with people and computers.

A poll conducted in Guatemala found that 83% of the people with internet access would like to know if the content they are engaging with is of AI origin; 84% are concerned with the current rates of advancement in AI technologies; 88% would like the technologies to confirm if somebody is human. To allay these worries, Worldcoin has proposed opening what it calls orbs for people to confirm their identities starting September 25.

Since then, there has been no update on the deployment of Models in Poland but on Tuesday World ID services was launched in Malaysia.

Possible Pullback Ahead for WLD

Despite the recent surge, WLD may face a pullback later this week. Technical indicators, such as the Relative Strength Index (RSI), suggest that the bullish momentum could slow down, potentially causing the token to stagnate or decline.

However, long-term investors remain optimistic as Worldcoin’s continuous development keeps it relevant in an increasingly AI-reliant world.

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