is the crypto known for its unique identity verification method using the World ID orb and is set to . Starting from June 26 orb verifications will be available in Guayaquil and from June 27 in Quito adding to the global network of over 5.8 million participants. This expansion includes six locations across the two cities with details available on the World App and the official website from June 24. Ecuador joins several Latin American countries like Argentina, Chile, Colombia, Mexico and Peru where World ID verification is already operational.
In addition to its expansion in Latin America Worldcoin is resuming operations in Kenya after local police dropped a privacy-related investigation. The investigation which began last August due to concerns over iris scanning for digital ID creation was recently closed by the Directorate of Criminal Investigations (DCI). The parent company for Worldcoin welcomed the decision emphasizing the fair investigation process and the determination by the Director of Public Prosecutions to close the matter without further action.
Worldcoin is currently trading at $2.93 which is a 7.62% increase in the last 24 hours according to Coinmarketcap. Its market cap has reached $734 million while its trading volume in the same 24 hours has gained by 42% to record $194 million. Despite this recent surge WLD has faced a strong bearish trend since hitting its all-time high of $11.9 in March. The price has seen significant volatility breaking down from a ranging channel between $4.3 and $6 and creating new lower lows and lower highs.
