The Price of Worldcoin Hits New All-Time High
The price of worldcoin has reached a new all-time high due to the launch of OpenAI’s Sora AI model. Over the past week, worldcoin has experienced a significant rally, doubling in price and currently valued at $5.36. This surge has resulted in a market cap of approximately $700 million.
Backed by Tools of Humanity
Worldcoin is backed by Tools of Humanity, a company co-founded and chaired by Sam Altman, who is also the CEO of OpenAI. OpenAI recently launched Sora, an AI model that allows users to convert text into video.
Previous Reactions to OpenAI News
In the past, the worldcoin token has responded to news related to OpenAI. When Altman was temporarily ousted from the company in November 2023, the token price experienced a dip.
Boost for AI Tokens
Not only has worldcoin seen a surge, but other AI tokens have also been boosted in recent days. CoinGecko’s list of AI tokens has increased by 25% overall in the past week, with several tokens experiencing triple-digit growth.
Market Growth
In addition to the rise in AI tokens, the wider market has also shown steady growth over the past week. The GMCI 30 Index has increased from 104 to 112.
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