Worldcoin Market Update
The Worldcoin price has increased by 5% over the last 24 hours to reach a trading value of $2.446 as of 12:20 AM EST. However, the trading volume for the token has decreased by 30%, indicating higher risk in the WLD market.
The discord in the OpenAI community has been resolved, affecting the bullish momentum in the WLD market. Sam Altman, the founder of OpenAI and the face of Worldcoin, has been reinstated as the CEO of OpenAI after substantial pressure from the company’s investors and employees.
Altman was given a warm welcome at Microsoft, where he was expected to lead a new advanced AI research team.
Microsoft’s Response to Altman’s Exit
Microsoft emerged as the major winner in the upheaval at OpenAI, hiring ousted CEO Sam Altman to prevent a potential flight to rival companies and strengthen its leadership in the AI race. This move elevated Microsoft CEO Satya Nadella to the forefront of the AI revolution.
Altman Back At the Helm of OpenAI
Although Altman was expected to join Microsoft, he is returning to OpenAI. Nonetheless, the relationship between the two entities remains strong, with Microsoft Corp being the biggest supporter of OpenAI. The company will also form a new board of directors for OpenAI.
Altman is looking forward to rebuilding the strong partnership with Microsoft upon his return to OpenAI.
Worldcoin Price Prognosis
Worldcoin price continues to show a bullish trend, consolidating within an ascending parallel channel, with a potential to reach $3.000. Both the Relative Strength Index (RSI) and the Awesome Oscillator (AO) support an upward movement in the Worldcoin price.
Promising Alternatives To Worldcoin
The project powering the ecosystem, WSM, has experienced remarkable success during its presale, surpassing the $25 million mark in record time and accumulating a large community of users. Wall Street Memes has been listed on top trading platforms and has seen increased exposure in the crypto realm. Analysts are anticipating a year-end rally in price, boosted by the premiere of its Telegram-based platform, Wall Street Memes Casino.
KuCoin has recently included WSM tokens for perpetual trading, offering up to 20X leverage.
Visit the Wall Street Memes website to buy WSM tokens.
Hot Take: Worldcoin’s Future
Worldcoin’s future looks promising, with Altman’s reinstatement at the helm of OpenAI likely to strengthen the partnership with Microsoft. Additionally, alternative projects like WSM are gaining momentum, making them worth considering alongside Worldcoin.
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