WLD price spikes 78% after Worldcoin mainnet launch

• World (WLD) price spiked 78% after its mainnet launch on Monday.
• The soaring prices also followed the listing of WLD on world’s largest crypto exchange by trading volume Binance.
• According to CoinGecko data, WLD price hit highs of $3.30 on major exchanges.

Worldcoin (WLD), the native utility token of the just launched Worldcoin cryptocurrency, soared to highs of $3.30 on Monday morning. This was after the world’s leading crypto exchange Binance announced support for the token.

CoinJournal reported on Worldcoin’s mainnet launch earlier today. [Read more].

Worldcoin price soars as Binance lists WLD for trading

At the time of writing, WLD was trading near $2.98 on major exchanges according to details from CoinGecko. Per the data, Worldcoin price was up 78% at the time, with more than $26.4 million in trading volume.

WLD tokens are currently tradable on several centralized crypto exchanges, including Binance, Bybit, KuCoin and Huobi. On Monday, shortly after the Worldcoin team announced the mainnet was live, Binance, the world’s largest crypto exchange by trading volume, added support for the native WLD token.

#Binance will list @worldcoin $WLD.

👉 https://t.co/WmsuRY8YJc pic.twitter.com/7Bja3w7kxF

— Binance (@binance) July 24, 2023

According to the exchange, spot trading for WLD/BTC and WLD/USDT pairs was to open at 09:00 UTC on July 24, with withdrawals expected to open on July 25 at 09:00 UTC.

Binance also added WLD as a new borrowable asset on the platform, with the new Isolated Margin pair WLD/USDT available 48 hours after 09:00 UTC on July 24.

Worldcoin’s debut on Binance and other exchanges comes as the broader crypto market tries to navigate the latest lull in momentum. Bitcoin price remains lodged in a tight range near $30k, while Ethereum fluctuates beneath $1,900. The global cryptocurrency market cap is down by about 1% as major altcoins like XRP, Cardano and Solana struggle to hold onto recent gains