Worldcoin (CRYPTO:WLD) celebrates a significant milestone with its World App reaching 10 million users, reflecting rapid expansion since its launch in May 2023.
Despite the impressive growth, the project faces increasing regulatory challenges globally, with several countries expressing concerns and requesting halts to operations due to data privacy issues.
While Worldcoin emphasises the positive impact of its platform and infrastructure on users, regulatory pressure casts a shadow over its future growth prospects.
The financial performance of Worldcoin's native token, WLD, has seen a recent decline, trading at $6.51, indicating market uncertainty amid regulatory scrutiny.
Analysts warn of potential further price declines for WLD if sustained buying pressure is not maintained, highlighting the delicate balance between growth and regulatory compliance for Worldcoin.