Worldcoin Drops 13.6% in 24 Hours as WLD Trades Near 0.35 GBP

Worldcoin (WLD) traded at roughly 0.35 British pounds on October 24, 2026, after a 13.64% decline over 24 hours according to The Block. Beyond this short-term correction, the central question is whether the World ID protocol can turn proof of humanity into a credible token economy. This article examines GBP conversions, market data, discrepancies between sources and the project’s underlying mechanisms.

A price near 0.35 GBP after a sharp pullback

According to The Block, 1 WLD was worth 0.3489 GBP at the October 24, 2026 update. That value equated to 2.866 WLD per pound sterling. The Pluang platform showed an almost identical rate of 0.34895 GBP per WLD, confirming that the two readings converge once rounded.

The recent price action is clearly tilted to the downside. Based on The Block’s data, the token fell 0.95% over one hour, 13.64% over 24 hours, and 7.24% against its level seven days earlier. Trading volume over 24 hours reached 302.7 million GBP.

• One-hour change: -0.95%
• 24-hour change: -13.64%
• Seven-day change: -7.24%
• 24-hour volume: 302.7 million GBP

Over one month, however, the token is up 13.32%, while the one-year change stands at -47.45%. Taken together, these figures describe an asset that has rebounded from its autumn low of the previous year without recovering the levels it held twelve months ago.

Differences between data sources deserve attention. CoinMarketCap reports a 12.86% decline over 24 hours, compared with 13.64% for The Block. Volumes are also quoted in different currencies, 302.7 million GBP on one side and 507,822,344 USD on the other. CoinMarketCap provides no timestamp comparable to The Block’s. Both platforms nonetheless converge on the unit price, with a minimal gap linked to refresh timing and calculation methods.

WLD to GBP conversion table

The table below reproduces The Block’s conversions for today, 24 hours ago, one month ago and one year ago. It shows how the recent decline affects positions of different sizes.

Market capitalisation, supply and all-time high

Worldcoin’s market capitalisation is estimated at 1.3 billion GBP. The circulating supply is given as 3.7 billion WLD, with a more precise figure of 3,718,933,965 tokens in the project’s FAQ. The fully diluted valuation (FDV) is also 1.3 billion GBP, which indicates that nearly the entire supply is already reflected in the calculation.

Total supply stands at 10 billion WLD. The all-time high price is 9.13 GBP, more than twenty-five times the current level. CoinMarketCap ranks the token 48th among cryptoassets by market capitalisation, with a live market cap of 1,732,425,743 USD. The platform also notes that the maximum supply is not available on its page.

In dollar terms, Pluang quotes 0.4667 USD per WLD, while CoinMarketCap shows 0.465839 USD. These gaps stem from methodology and timestamping rather than from a fundamental disagreement about the market level.

“Its values constitute indicative rates based on the market mid-rate and on the last Worldcoin price recorded on Pluang. They do not constitute an offer, a solicitation, or an execution price.”

Pluang, methodology disclosure on its conversion rates

This caveat matters when reading conversion tables. The displayed rate is not a guaranteed execution price: it depends on the last price recorded on the platform and on exchange rates calculated through the US dollar.

World ID, Orb and the WLD token: the protocol’s foundations

Worldcoin is presented as a decentralised cryptocurrency project aimed at reducing certain problems inherent in traditional fiat currencies and cross-border transactions. According to The Block’s description, the project seeks to make cryptocurrency available to every person in order to foster accessibility and inclusion. It relies on World ID, World App, the Orb, zero-knowledge proofs and a wallet. According to CoinMarketCap, most WLD tokens are meant to be distributed to people simply because they are human, which sets the project apart from many other protocols.

Proof of personhood and the Orb

World ID is a global identity network designed as a public good and presented as privacy-preserving. It allows a person to verify their humanity online through “Proof of Personhood”, enabled by zero-knowledge proofs. To take part, users download World App, create a World ID, then visit a physical imaging device called the Orb to have their identity verified.

Most Orbs are operated by independent local businesses known as Orb Operators. The devices use multispectral sensors to verify the humanity and uniqueness of the person. By default, images are deleted directly on the device, unless the user explicitly consents to data retention. Holders of a World ID verified by an Orb can claim recurring allocations of free WLD tokens, which are not available in the United States.

Governance and token utility

The WLD token is a utility token with governance functions. It gives users a say in the protocol’s future development. Beyond the traditional “one token, one vote” model, World ID paves the way for “one person, one vote” governance. The two systems can also be combined. After launch, the Worldcoin Foundation is required to consult the community on proposals concerning the interaction between World ID and WLD.

Other uses could emerge, such as paying for goods and services within World App or another wallet, executing other payments, or expressing support for initiatives and causes. Technically, WLD is an ERC-20 token on Ethereum, and user allocations are received on Optimism Mainnet, meaning most WLD transactions are likely to take place there.

Supply, inflation and distribution

For the 15 years following launch, the supply ceiling is fixed at 10 billion WLD by the smart contract. Beyond that period, governance could approve annual inflation of up to 1.5% if it deems this necessary for the protocol’s long-term viability. The default inflation rate is 0%, and the 1.5% cap is itself enforced by the smart contract.

The initial distribution of the 10 billion tokens breaks down as follows. Token amounts are calculated from the published percentages.

The Worldcoin Foundation aims to allocate at least 60% of all WLD tokens, drawn from the community pool, to individuals in the form of user allocations. The WLD contract is deployed on Ethereum Mainnet, and the token is bridged to the Optimism layer 2 network, allowing it to inherit the security properties of both blockchains.

Announcement timeline, July to October 2026

The news feed associated with The Block lists several Worldcoin-related announcements between July and October 2026. These milestones offer a view of the project’s strategic direction, spanning fundraising, institutional access and technical infrastructure.

• July 24, 2026: World Foundation raises 52.5 million dollars through a WLD token sale subject to a one-year lock-up.
• July 20, 2026: Grayscale files an ETF application with the SEC that could open the door to Worldcoin on Wall Street.
• August 5, 2026: World Chain becomes the first production layer 2 to integrate streaming access lists “Flashblocks”.
• September 2, 2026: World open-sources ProveKit, an identity toolkit built on zero-knowledge proofs.
• September 17, 2026: World launches the “World Money” super app, integrated with stablecoins and Stripe, with boosted rewards.
• October 18, 2026: World launches the World ID suite for banks and makes Zoom’s deepfake detection generally available.

The ETF filing remains at the application stage. It does not guarantee approval by US regulators, but it signals institutional interest that could affect the asset’s liquidity over the medium term.

Outlook and scenarios

WLD’s price action combines two opposing dynamics. In the short term, the 13.64% decline over 24 hours and the 7.24% drop over seven days reflect selling pressure. In the medium term, the 13.32% monthly gain and the summer’s institutional announcements show that interest in the asset has not faded. The 47.45% annual decline, however, is a reminder that the token remains far below its historical peak.

Three scenarios merit monitoring. In a bullish case, regulatory progress on the ETF application and concrete adoption of World ID by banks or payment platforms could support demand. In a neutral case, the price would hover around 0.35 GBP while volumes remain modest. In a bearish case, pressure from token unlocks and reduced appetite for risk assets could push the price back toward its year-ago level, around 0.66 GBP, or lower if the recent trend persists.

Sources

• The Block, WLD to GBP price converter (update of October 24, 2026)
• Pluang, WLD crypto converter
• CoinMarketCap, Worldcoin page

Cet article est publié à titre informatif et éducatif. Il ne constitue en aucun cas un conseil en investissement. Faites vos propres recherches (DYOR) avant toute décision.