Price Fluctuations and the Resignation of Worldcoin (WLD) Co-Founder
The recent changes in the price of Worldcoin (WLD) appear to be connected to the news about Sam Altman, the co-founder and president of Tools for Humanity, the crypto’s developer.
Worldcoin (WLD) Market Prices and Volatility
Worldcoin’s prices have been fluctuating drastically, with it currently being valued at $2.30 after reaching $2.60. Just last week, it was as low as $1.85. These fluctuations are likely related to the developments regarding Sam Altman and his current position.
Worldcoin (WLD) and the AI Industry
Worldcoin ranks 145th in market capitalization. Launched in July 2023, it has accumulated a total market cap of $264 million. However, the instability in its value seems to be connected to the recent news about Sam Altman.
Microsoft’s Satya Nadella expressed confidence in the product roadmap and innovation capability. He also expressed support for OpenAI and its interim CEO, Emmett Shear. Nonetheless, there are indications that Altman may lead Microsoft’s advanced AI team.
Worldcoin (WLD) Payment Changes
Worldcoin announced that it would begin paying independent operators in WLD instead of the USDC stablecoin. This change has affected the circulation supply and the value of WLD. The operators who run Orbs and the associated devices will receive this payment.
Hot Take: Potential Impact of Sam Altman’s Transition
The changes in leadership and potential reassignment of Sam Altman will have a significant effect on the crypto industry and the world of artificial intelligence, particularly concerning Worldcoin (WLD) and its partnerships.
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