Worldcoin (WLD) Registers Significant Gains
The native cryptocurrency of Sam Altman’s Worldcoin Project, WLD, has experienced an 80% increase in value over the past week. Currently, the Worldcoin price is up by 18.76% at $4.50, with a market cap of $584 million. Additionally, the trading volume for Worldcoin has risen by 115% in the last 24 hours to $602 million.
Notable Whale Activity
A mysterious whale trader, known as wallet 0x0007, recently made a strategic move by withdrawing 2.09 million WLD tokens worth $5.82 million from Binance. This acquisition resulted in a 25% surge in the price of WLD, adding an extra $2.15 million to the whale’s holdings.
Worldcoin’s Potential Breakthrough
With a 77% increase over five days, Worldcoin is approaching the weekly resistance level of $4.35. If it surpasses this level, it could reach an all-time high of $5.29.
WLD Price Surge and OpenAI’s Sora Project
The sudden rise of Worldcoin has led to speculation about the influence of OpenAI’s Sora project. Sora is an advanced AI technology that can transform text prompts into realistic movies, generating significant interest in its potential for content creation.
OpenAI is closely monitoring access to Sora to prevent misuse and has limited it to a select group of researchers dedicated to addressing technical issues and upholding ethical standards.
The involvement of Sam Altman in Sora-generated videos highlights the growing fascination with AI-driven content creation tools, marking a significant advancement in the digital landscape and opening up new possibilities for creativity and innovation.